Whale Evaded, known by the handle @ICanPlug, has closed its long positions in Microsoft (MSFT) and Palantir Technologies (PLTR), resulting in a loss of $1.16 million. According to Onchain Lens monitoring, the whale has redirected its strategy by opening a new long position in Zcash (ZEC), acquiring 31,096 ZEC valued at $19 million with 10x leverage.
This strategic move was reported by PANews on June 3, highlighting the whale's significant shift in investment focus towards the cryptocurrency market, particularly Zcash, within the past hour.
Whale Evaded Shifts Strategy, Opens $19M Long Position in ZEC
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
