LUNA Shorting Whale Goes Long on Ethereum with $10.43M Bet
- Whale buys 4,192 ETH for $10.43 million, staking it in Lido and RocketPool.
- Previously the investor secured a profit of $5.16M by shorting BTC during the LUNA/UST crash signaling whale’s market acumen.
- Whale’s strategic ETH move raises speculation about future gains in the crypto market.
A crypto whale known for shorting Bitcoin during the LUNA/UST collapse has invested $10.43 million in Ethereum. Data from Arkham Intelligence shows the whale purchased 4,192 ETH at an average price of $2,490 per ETH in the past seven hours. The whale then staked these tokens on Lido and RocketPool, two major DeFi platforms.
The move highlights the whale’s confidence in Ethereum’s future and the potential to earn staking…
The post LUNA Shorting Whale Goes Long on Ethereum with $10.43M Bet appeared first on Coin Edition.
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LUNA Shorting Whale Goes Long on Ethereum with $10.43M Bet
- Whale buys 4,192 ETH for $10.43 million, staking it in Lido and RocketPool.
- Previously the investor secured a profit of $5.16M by shorting BTC during the LUNA/UST crash signaling whale’s market acumen.
- Whale’s strategic ETH move raises speculation about future gains in the crypto market.
A crypto whale known for shorting Bitcoin during the LUNA/UST collapse has invested $10.43 million in Ethereum. Data from Arkham Intelligence shows the whale purchased 4,192 ETH at an average price of $2,490 per ETH in the past seven hours. The whale then staked these tokens on Lido and RocketPool, two major DeFi platforms.
The move highlights the whale’s confidence in Ethereum’s future and the potential to earn staking…
The post LUNA Shorting Whale Goes Long on Ethereum with $10.43M Bet appeared first on Coin Edition.
Read More