According to Lookonchain monitoring, after Binance announced the launch of DEGEN contract trading, a certain whale sold 6.43 million DEGEN and obtained 70.78 ETH ($219,000). From April 8 to May 10, this whale spent 934 ETH ($3.42 million) to buy 140.71 million DEGEN at an average price of $0.0243 per coin. After holding for more than six months, the whale finally made a profit and is currently profiting by $790,000.