With up to 40M of SPX holdings, it is almost certainly the associated address of Murad. In fact, murad revealed in last year's live broadcast that there are tens of thousands of U's $joe positions, and it is logical to continue to increase their positions at present.
$Joe's whale will market is taking off.
Last night, a whale bought about $120,000 worth of $JOE (Address: 0x0b16ac7189986344acde47d225bc9172ff53b15b).
Upon tracking, this whale's other two wallets hold:
$35.7m in $SPX (Address: 0x07fdda8fc50f7df742b850a51e5871135f45b557)
$5.8m in $SPX (Address: 0xf9af713104b24f2ab21c800b4b13b7988e889389).
The whale is fixing the valuation of $JOE.
33
8.02K
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.