$170 million get on board! Flash crash shorting Whale mysterious movements, buy the dip or increase the position?

Question

[Block Rhythm] On December 1st, there was a significant movement on-chain. The mysterious Whale that accurately shorted during the flash crash on October 11th has recently dumped 170 million USD stablecoin into a major exchange over the past 7 hours.

Now this large holder is staking 126,232.16 ETH while borrowing 160 million USDT. The question arises—what exactly is the intention behind this move? Is it to buy the dip and accumulate, or simply to supplement margin? The market is guessing, but the Whale never explains. Such a substantial movement of funds often signals that a major market event is on the way.

GasGrillMaster · Accepted Answer

1.7 billion thrown in, this Whale really dares to play, let&#39;s wait to follow the car, small retail investors.

DegenWhisperer · Answer

This Whale is up to something again, $170 million just like that, it&#39;s really outrageous.

NftRegretMachine · Answer

Wow, 170 million just went in like that, this guy really has money to spare.

ForkThisDAO · Answer

170 million thrown in, this Whale is probably about to make a move again.

MoneyBurnerSociety · Answer

1.7 billion thrown in, I bet this guy is either smart to the top or dumb to the core. Anyway, I&#39;m definitely the latter.

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It&#39;s all about the Whale and precise shorting, why haven&#39;t I seen it hit my take profit point even once?

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126,232 ETH staked, 160 million USDT borrowed... is this reasonable? It looks like digging a pit for myself.

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The signal before a big market move, I believe it. But those who believe the signal are basically like me, their accounts show red.

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Buy the dip or supplement margin, good question — anyway, it has nothing to do with me, I only cut losses.

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Really envious of those who can throw in 1.7 billion, I&#39;m still struggling over the transaction fee of 0.0001 BTC.

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The Whale doesn’t explain? I won’t explain either, anyway, I have plenty of reasons for my losses.

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This guy is really big in action, my action is small, so small that I don’t even qualify to be liquidated.

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With such a large volume still needing to borrow money, what does that indicate? It indicates that we retail investors are actually the same — lacking money.

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Wait, this operation logic seems familiar... last time I saw it in my Get Liquidated record.

GweiTooHigh · Answer

170 million at once, is the old Whale going to stir things up again?

GasFeeSobber · Answer

170 million has come in, this Whale is serious, is there going to be some action again?