$ETH After a $700 million loss, what is "Insider Whale 1011" planning to do by depositing $242 million worth of ETH on the exchange?
The recent actions of one of the most notorious whales, "Insider Whale 1011," are attracting considerable attention. Following a series of liquidation orders totaling $700 million, this whale has made a highly suspicious move.
🔸This afternoon, this whale directly deposited 99,998.97 ETH onto Binance. This massive amount of ETH is worth up to $242 million.
🔸However, that's just the tip of the iceberg. According to leaked information, this whale currently holds 472,643 ETH and 39,604.91 $BTC . The total value of its assets amounts to $4.26 billion.
🔸$4.26 billion is a staggering figure and enough to manipulate the market at any time.
With such immense economic power, could we witness market manipulation orchestrated by these notorious whales?
News is for reference, not investment advice. Please read carefully before making a decision.