A certain "contract-quitting, spot-buying" whale address has accumulated 7,066 ETH in the past 5 days
BlockBeats News, November 29, according to monitoring by Onchain Lens, a whale address known for "switching to spot trading after suffering large losses in contracts" purchased another 1,000 ETH from HyperLiquid two hours ago. This whale currently holds 7,066 ETH worth $21.22 million, and also has 4.78 million USDC idle, making it very likely that more ETH will be purchased.
It is reported that this address previously lost $8 million through contract trading, and has since switched to spot trading.
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.
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