PANews reported on November 24th that, according to Onchain Lens, an on-chain analyst, a major whale is shifting from perpetual contracts to the spot market, having purchased 5,042 ETH, worth approximately $14.26 million. This investor had previously lost over $8 million in perpetual contract trading but still holds approximately $7 million, which may be used to open new positions or continue accumulating ETH in the spot market.PANews reported on November 24th that, according to Onchain Lens, an on-chain analyst, a major whale is shifting from perpetual contracts to the spot market, having purchased 5,042 ETH, worth approximately $14.26 million. This investor had previously lost over $8 million in perpetual contract trading but still holds approximately $7 million, which may be used to open new positions or continue accumulating ETH in the spot market.
A whale has shifted its focus from perpetual contracts to the spot market, investing $14.26 million to purchase 5,042 ETH.
PANews reported on November 24th that, according to Onchain Lens, an on-chain analyst, a major whale is shifting from perpetual contracts to the spot market, having purchased 5,042 ETH, worth approximately $14.26 million. This investor had previously lost over $8 million in perpetual contract trading but still holds approximately $7 million, which may be used to open new positions or continue accumulating ETH in the spot market.
Market Opportunity
Ethereum Price(ETH)
$3,336.34
$3,336.34$3,336.34
USD
Ethereum (ETH) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Digitap Raises Over $4M: A Comparison with DeepSnitch AI
Both DeepSnitch AI and Digitap ($TAP) have been highlighted within some crypto communities for their distinct approaches. Although the two coins take a very different
Share
Crypto Ninjas2026/01/18 23:42
The Economics of Self-Isolation: A Game-Theoretic Analysis of Contagion in a Free Economy
Exploring how the costs of a pandemic can lead to a self-enforcing lockdown in a networked economy, analyzing the resulting changes in network structure and the existence of stable equilibria.
Share
Hackernoon2025/09/17 23:00
Crypto Enthusiasts Witness HYPE Coin’s Rebound as Key Resistance Breaks Loom
New DEX platforms emerged post-FTX collapse, with Hyperliquid seizing early entry. HYPE Coin remains attractive, despite market downturn, due to strong fundamentals
Share
Coinstats2026/01/18 22:33