According to the monitoring of Lookonchain, a crypto whale converted all its $SPX positions to $DOGE in the past two days. The whale first sold $SPX worth $10.6 million, making a profit of about $920,000, and then bought 13.95 million $DOGE for $6.2 million. However, due to the price fluctuations of $DOGE, its holdings are currently worth only about $4.88 million, with a short-term floating loss of $1.33 million.
