Ethereum

Aave

Bitcoin ETF

Bitcoin

While Bitcoin fell to $ 45,000 after the fake ETF news, some altcoins diverged positively from the market and started to rise.
One of these altcoins was Ethereum.
While Ethereum attracted the attention of investors with its rise, whales also began to collect ETH.
According to Lookonchain's post, a whale started buying ETH from Binance again.
Accordingly, this whale received 9,705 ETH from Binance, deposited them in Comnpound and borrowed 12 million USDT to buy more ETH.
This whale closed two of his three ETH trades profitably and made a total profit of approximately $5 million.
<blockquote>
 “A whale is buying ETH from Binance again!
 Whale purchased 9,705 ETH ($22.9 million) from Binance and deposited it into Compound.
 He then borrowed 12 million USDT to buy more ETH.
 Whale has traded ETH three times before and closed 2 of them with a profit. He made a profit of approximately $5 million.”
</blockquote>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 A whale is buying <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a> from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Binance</a> again!
 The whale withdrew 9,705 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a>($22.9M) from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Binance</a> and deposited it into <a href="https://twitter.com/hashtag/Compound?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Compound</a>.
 Then borrowed 12M <a href="https://twitter.com/search?q=%24USDT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$USDT</a> to buy more <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a>.
 The whale traded <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a> 3 times, 2 of which were profitable, with a profit of ~$5M.<a href="https://t.co/ZyJqsNlE9Y" rel="noopener noreferrer nofollow">https://t.co/ZyJqsNlE9Y</a> <a href="https://t.co/1FAQcYeMm4" rel="noopener noreferrer nofollow">pic.twitter.com/1FAQcYeMm4</a>
 — Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1744937824368148651?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 10, 2024</a>
</blockquote>
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Another whale borrowed $11 million worth of Bitcoin to buy ETH.
<blockquote>
 “This whale is bullish on ETH and bearish on BTC.
 “In the last 4 hours, he borrowed 241 WBTC ($11 million) from Aave and exchanged these WBTCs for 4,677 ETH ($11 million).”
</blockquote>
Ethereum, which has increased by approximately 8% in the last 24 hours, is at $ 2,405 at the time of writing.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 This whale seems bullish on <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a> and bearish on <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BTC</a>.
 He borrowed 241 <a href="https://twitter.com/search?q=%24WBTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$WBTC</a>($11M) from <a href="https://twitter.com/hashtag/Aave?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Aave</a> in the past 4 hours and exchanged for 4,677 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a>($11M).<a href="https://t.co/2W5FyKDEDa" rel="noopener noreferrer nofollow">https://t.co/2W5FyKDEDa</a> <a href="https://t.co/d8PxOoinPr" rel="noopener noreferrer nofollow">pic.twitter.com/d8PxOoinPr</a>
 — Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1744990261883892193?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">January 10, 2024</a>
</blockquote>
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*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/the-fall-in-bitcoin-led-whales-to-this-altcoin-purchases-accelerated/" rel="noopener noreferrer nofollow">The Fall in Bitcoin Led Whales to This Altcoin! Purchases Accelerated!</a>

The Fall in Bitcoin Led Whales to This Altcoin! Purchases Accelerated!

Bitcoin Sistemi EN

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