A certain whale previously lost over $2 million betting on $DOGE , but has now turned around and bought $10 million worth of $ETH , apparently hoping to recoup the losses on an ETH rebound. But $DOGE is still falling, down 0.68% in the past 24 hours, so this move carries considerable risk. If ETH fails to rise and $DOGE keeps falling, the whale could end up losing even more. ETH has yet to show any signs of moving, and $DOGE has no clear floor—the whale may have put all their eggs in a very risky basket.