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A $10M whale just signaled some serious conviction plays. 🚨
The top holder of $SEND moved $1.53M to a major CEX for the first time ever — about 3 hours ago. But here's the kicker: he's simultaneously farming $6M+ across liquidity protocols, and instead of dumping, he's doubled down by opening leveraged long positions on $SUI and $DEEP.
What does this tell us? Classic whale playbook: He's borrowing $USDC against his yield farm positions to fund directional bets on altcoins. It's not panic selling. It's calculated positioning.
This kind of coordinated move — CEX deposit, yield farming, and borrowing to leverage up — usually signals either major accumulation ahead or serious conviction in the next cycle. Worth monitoring how $SUI and $DEEP respond over the next 48-72 hours.