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"Whales/institutions shorting ETH with borrowed coins" have once again transferred 100 million USDC to Binance after going from short to long and buying the dip on ETH.
PANews, November 4th news, according to on-chain analyst Yu Jin's monitoring, “Whale/institution that borrowed coins to short 66,000 ETH and made a profit of 23.31 million USD” previously switched from short to long, buying the dip on ETH, and just transferred 100 million USDC into Binance.