Look at it from another angle, and the conclusion may be different.
Whale sells 410.1 BTC via Hyperliquid to buy 13,527 ETH, a year and a half after withdrawing BTC from HTX
Source: WuBlockchain (0.0 hours ago)
According to monitoring by @EmberCN, a whale / institution that withdrew BTC from HTX a year and a half ago sold 410.1 BTC via Hyperliquid today for 34.13 million USDC, then transferred the funds back to the Ethereum chain and bought 13,527 ETH at around $2,523.
Related asset: $ETH $BTC
My three takes:
① How I see it — The impact of this kind of news needs to be verified against subsequent data. I generally don’t rush to conclusions.
② Who it affects — $ETH $BTC ; short-term sentiment outweighs long-term fundamentals.
③ What I’m doing — I’ll watch for changes in trading volume and sit tight until the direction is confirmed.
Current: $BTC 83,662 (24h +0.89%)
Would you side with the majority?
#Binance #CryptoNews #ETH #BTC
Whale sells 410.1 BTC via Hyperliquid to buy 13,527 ETH, a year and a half after withdrawing BTC from HTX
Source: WuBlockchain (0.0 hours ago)
According to monitoring by @EmberCN, a whale / institution that withdrew BTC from HTX a year and a half ago sold 410.1 BTC via Hyperliquid today for 34.13 million USDC, then transferred the funds back to the Ethereum chain and bought 13,527 ETH at around $2,523.
Related asset: $ETH $BTC
My three takes:
① How I see it — The impact of this kind of news needs to be verified against subsequent data. I generally don’t rush to conclusions.
② Who it affects — $ETH $BTC ; short-term sentiment outweighs long-term fundamentals.
③ What I’m doing — I’ll watch for changes in trading volume and sit tight until the direction is confirmed.
Current: $BTC 83,662 (24h +0.89%)
Would you side with the majority?
#Binance #CryptoNews #ETH #BTC