A cryptocurrency whale has transitioned from perpetual futures to the spot market, acquiring 5,042 ETH valued at approximately $14.26 million. This strategic move follows a significant loss of over $8 million in perpetual futures trading. Despite the setback, the investor retains around $7 million, potentially earmarked for new positions or further ETH accumulation in the spot market.
Whale Transitions to Spot Market with $14.26M ETH Purchase
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.
