A major whale sold BTC for $364 million in 9 hours and may shift back to Ethereum.
Jinse Finance reported that during the period from August 20 to September 16, this whale sold more than 30,000 BTC at a price of around $112,000 per BTC and instead bought and went long on ETH. Recently, the whale has profited $37.2 million from ETH long positions and increased holdings by 23,575 ETH spot.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: If ETH falls below $2,882, the total long liquidation volume on major CEXs will reach $962 millions.
Musk: Grok is open-source software, anyone can use it for free
150 BTC transferred from an anonymous address to an exchange
