Futures
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One platform for global traditional assets
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Here comes something interesting 😂
Remember that whale who cleared out $69.23 million worth of WBTC at an average price of $87,278 between November 18 and 22?
Well, this guy has changed his mind!
Just 11 hours ago, he came back on-chain and went on a buying spree—dropping $7.92 million in one go to snap up 90.85 WBTC at a price of $87,242 each. And just the day before, this same guy had sold all 793.24 WBTC he held (originally bought at $74,746.46), pocketing a profit of $9.94 million with that move.
Now he’s back to build a new position—quite the mindset. Does he think the price will keep going up? Or is he just itching to trade? On-chain data doesn’t lie, but this whale’s thinking is really hard to guess.
This is the opportunity for rebirth, energy conservation; the money that is taken out will eventually be put back in.