‘Smart Whale’ Deposits $16,000,000 in USDC to Binance As Crypto Markets Show Signs of Strength: On-Chain Data - The Daily Hodl
dailyhodl.com/2023/06/25/smart-whale-deposits...
dailyhodl.comPosted Jun 25, 2023, 3:41 PM UTC
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dailyhodl.comWhat made him qualify to get called "Smart" Whale?
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There are few whales who always seem to buy the dip and sell the top. Like clockwork. It's probably one of those.
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How we know it’s not even CZ himself ?
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Insider knowledge or at the very least, quick and perfectly timed transactions.
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A.k.a. Gary Gensler's p.a. trading wallet
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#the inside man
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tldr; An unknown investor, dubbed the "smart whale" by blockchain-tracking firm Lookonchain, has deposited $16 million worth of stablecoins into Binance, potentially to purchase more crypto assets. The investor has a history of savvy trades, including selling Ethereum at a local top, trading USDC for ETH before it lost its dollar peg, and withdrawing all of its funds from crypto exchange FTX right before the bankrupt centralized platform suspended user withdrawals. It is still unclear what the whale plans to do with the $16 million worth of dry powder now on Binance.
This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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Isn't too late to be called smart? More than 10% pump already happened
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Wish I had $16,000,000 to be called smart for things I would be called dumb with my $53
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Those are rookie numbers
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Rich people might have an advantage in finance!?!?!?
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That's just CZ or Justin Sun.
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Having lots of money ≠ “smart”
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gif
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That’s a sick ass thumbnail
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I love the “ it’s unclear what they plan to do” no shit
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Gone Shopping ...
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They just dropped a whopping $16 million in USDC on Binance. Crypto power move
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How do you get a nickname like "smart whale"?
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So he is "smart whale" for depositing funds to buy after a 20% pump already happened?
The way he sees it, this week's top might be tomorrow's dip.
Thats why its in quotes lol
I mean, the interest earned from that purchase might be more relevant.