PANews reported on February 3rd that, according to on-chain analyst @ai_9684xtpa, a whale who purchased over $31.62 million worth of HYPE between January 28th and 29th sold at a loss two days ago when the price was low. His average purchase price was around $33, and his selling price was around $30. If he had held on until today, his potential profit would have exceeded $4.23 million.

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

