Volatile Cryptocurrency Market: Whale Actions
On May 13, a whale in the cryptocurrency market made several large transactions due to market adjustments. This whale closed long positions in ETH and XRP, despite volatility, and locked in profits of about 7.5 million USD. At the same time, this whale still holds a long position worth 15.4 million USD in SOL, although this position is currently at a loss of 560,000 USD.
Previously, the whale deposited 5.84 million USDC into the HyperLiquid exchange and opened a long position on XRP with 2x leverage. These moves demonstrate the agility and ability of major investors to seize market opportunities amid significant volatility.
This information provides insights into the activities of major players in the industry, but it is not investment advice. The market is always volatile, and investment decisions should be based on personal research and solid knowledge.
Source: https://tintucbitcoin.com/whale-realizes-7-5-million-usd-profit-from-eth-and-xrp/
Thank you for reading this article!
Please Like, Comment, and Follow TinTucBitcoin to stay updated with the latest news about the cryptocurrency market and not miss any important information!
