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Details: https://www.gate.com/zh-tw/announcements/article/47455
Whales who have lost tens of millions of dollars on Tokens such as PEPE and BEAM are turning to buying BTC and MKR
Odaily Planet Daily According to Onchain Lens monitoring, after losing 14.14 million US dollars in PEPE and BEAM, a whale lost another 853,000 US dollars on ONDO. Since then, it has spent 5.33 million DAI for 63.42 WBTC for $84,150 and 1,087.32 MKR for $1,416 using wstETH worth $1.53 million.