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Whale aggressively sold 170 million USD stablecoin in 7 hours, suspected of making a big move with 120,000 ETH collateralized loan.
[Coin World] There has been another big movement on-chain.
Analysts have noticed that the “1011 giant whale” has recently poured 170 million USD worth of stablecoins into a certain leading exchange in the past 7 hours. Looking at this guy's wallet, wow—he has staked 126,232 ETH and exchanged it for 160 million USDT.
This operation is clearly not a joke. Either prepare to buy the dip or lay traps for the market. With such a large amount of capital being moved, retail investors should be extra cautious.