Do you think the market has reached its peak and it is time to go short? However, from the perspective of those market whales, all these fluctuations are just insignificant disturbances. For them, the current increase is just an appetizer, and the real feast is still to come.
Indeed, these whales have started their buying actions again. Remember the whale that earned 22.7 times the profit on Ethereum? Just three hours ago, it made another move and bought a large amount of ETH, reaching 2,847.
According to the monitoring of the on-chain analyst Ember, we also found another whale identified as 0x67c, which deposited 6,400 ETH as collateral for Aave and borrowed 15 million USDC. Subsequently, it used these funds to buy more ETH, reaching 4,344, and the purchase price at that time was US$3,453.
What is even more remarkable is that the whale that once made huge profits in the ETH market (i.e., $59 million, equivalent to 22.7 times the return) also began to buy ETH again in just three hours. It used 10 million DAI to purchase 2,847 ETH at a price of $3,512.
The actions of these whales have undoubtedly injected strong confidence and vitality into the market. Their large-scale purchases tell us that the real market feast may have just begun.
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