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Crypto whale makes unexpected $31.5M bet on Microsoft and Oracle


Crypto whale makes unexpected $31.5M bet on Microsoft and Oracle

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An on-chain whale known as Evaded liquidated short positions in Bitcoin and Ethereum and redirected capital into $31.5 million of long bets on Microsoft and Oracle. Market watchers say the unusual shift raises questions about capital flows away from crypto and potential implications for crypto adoption and market pressure.

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A trending on-chain whale, Evaded, has made some strange moves that have left the market watchers confused. In fresh moves, it liquidated his short positions in Bitcoin and Ethereum and went straight long on Microsoft and Oracle. It is going bullish on these stocks with $31.5 million long bets. The whale has been a major...
Read the article at CryptoPolitan

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Coins

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In This News

Coins

$ 67.27K

-5.86%

$ 1.91K

-4.42%

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

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