A whale that's already sitting on $12M in profits just doubled down. They're no | Gate News

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07-19 14:33

ETH-1.26%

BTC-0.67%

A whale that's already sitting on $12M in profits just doubled down.

They're now long:

• $29M $ETH (25x leverage)

• $20M $BTC (20x leverage)

That's a serious amount of conviction and risk.

Nobody knows the future, but when wallets of this size start making aggressive moves, it's worth paying attention.

The real question is: What are they seeing that the rest of the market isn't?

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