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Giant Whale May Have Got FOMO – He Bought Huge Amount of Bitcoin at Peak Price – Or Does He Know Something?

A cryptocurrency whale made a significant purchase of $10 million worth of Wrapped Bitcoin (a version of Bitcoin on the Ethereum network) at the peak price of $84,558. The purchase was made after borrowing $10 million in stablecoins from decentralized exchange Aave. The motive behind the transaction is unclear, and it is uncertain whether it was driven by fear of missing out (FOMO) or part of a larger strategy.

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