PANews reported on November 21 that, according to Onchain Lens monitoring, the "whale that previously borrowed to short 66,000 ETH" has once again purchased 23,733 ETH from Binance, worth $65.7 million.
In the past 16 hours, the whale has purchased a total of 90,690 ETH, worth $254.27 million, and currently holds a total of 465,691 ETH, worth $1.25 billion.



Macro analyst Luke Gromen’s comments come amid an ongoing debate over whether Bitcoin or Ether is the more attractive long-term option for traditional investors. Macro analyst Luke Gromen says the fact that Bitcoin doesn’t natively earn yield isn’t a weakness; it’s what makes it a safer store of value.“If you’re earning a yield, you are taking a risk,” Gromen told Natalie Brunell on the Coin Stories podcast on Wednesday, responding to a question about critics who dismiss Bitcoin (BTC) because they prefer yield-earning assets.“Anyone who says that is showing their Western financial privilege,” he added.Read more