Big money moving in crypto! ๐ฅโจ A whale ๐ณ(think giant investor) just pulled 60,000 $ETH (worth over $200 million!) out of one exchange. ๐ค
Here's the twist: ๐ป๐๐ they didn't sell it! Instead, they borrowed $119 million in stablecoins using the #ETH as collateral, and parked it over at #Binance . ๐คญ
So, what's the play? The price of ETH is already up 3%, meaning the whale is sitting on a cool $6 million profit (on paper, at least). ๐ค This could be a sign of things to come in the crypto market! ๐ฅ #whalealerts #altcoins
Thanks SpotOnChain for info!! ๐๐