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Bitcoin Whale takes big action! Is the crypto market about to change?
Just saw the news from BlockBeats, on August 24th, two ancient Bitcoin whales collectively "swapped" their holdings for Ethereum, the move is extremely shocking.
The first Whale sold 6,000 BTC (worth $690 million, at a unit price of $115,000) and crazily bought 152,000 ETH ($724 million, at a unit price of $4,750); the second sold 3,142 BTC ($360 million), bought 55,000 ETH ($262 million), and also opened long positions on 135,000 ETH perpetual contracts.
Whale movements often affect the market. Is this large-scale BTC→ETH transfer a long-term layout or a short-term speculation? How will the crypto market trend afterwards? Let's wait for the follow-up and also remind everyone: crypto investment is highly risky, so don't make decisions blindly; pay more attention to the fundamentals and trends~#PI #BTC #ETH #GateioInto11