Whale Increases Holdings
A whale has increased its holdings by over 30,000 $ETH, bringing its total accumulation to 385,000 $ETH within the past week. This significant increase follows a strategy involving borrowed coin shorting of 66,000 $ETH. The whale’s actions reflect a notable trend in the cryptocurrency market, where large holders are making substantial moves. The accumulation of $ETH suggests a bullish outlook from this investor, despite the shorting activity. Such strategies can indicate confidence in future price movements.
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