Two newly created cryptocurrency wallets have made significant moves in the market by selling 72 Bitcoin, valued at approximately $4.66 million, and opening leveraged long positions on Ethereum. According to Lookonchain monitoring, these wallets have used 20x leverage to purchase 12,000 ETH, worth about $22.4 million. This activity highlights a growing trend among large investors to favor Ethereum over Bitcoin in their trading strategies.
Whales Shift from Bitcoin to Ethereum with $22.4 Million Long Positions
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