In recent trading activity, significant whale movements have been observed in both the precious metals and cryptocurrency markets. A prominent whale liquidated a long position in HYPE, securing a profit of $1.86 million within three days, and has now increased its long positions in silver, reflecting a bullish sentiment. Over the past month, this whale has accumulated profits exceeding $1.2 million from silver investments.
Conversely, the 'Silver Ironhead Air Force' group closed its short positions in silver, incurring a loss of $4.79 million, and has pivoted to long positions in Ethereum (ETH). Additionally, another major player, known as 'Lightning Counterattack,' exited its Bitcoin (BTC) short positions, resulting in a $496,000 loss, indicating a shift in strategy amid market fluctuations.
Whales Shift Strategies Amid Silver and Crypto Market Volatility
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