Whales Continue to Flow into Bitcoin and These Altcoins! Here Are the Altcoins Giant Whales Are Trading!
While Bitcoin (BTC) and altcoins continue to fluctuate, whales remain highly active in the market. Despite recent declines, these dips are being viewed as buying opportunities, with whales leading the charge through significant purchases.
According to a post by crypto analytics platform Lookonchain, a particular whale has been aggressively accumulating Ethereum (ETH). In just one hour, this whale purchased approximately $105 million worth of ETH. The whale, known as “66kETHBorrow,” has been steadily buying ETH since November 4th. To date, it has accumulated 385,718 ETH, valued at around $1.33 billion. Notably, $270 million of the funds used for these purchases were borrowed from Aave.
In addition to ETH, another whale continues to build its position in ASTER tokens. Lookonchain reports that the whale “ThisWillMakeYouLoveAgain,” who previously made over $36 million in profits from trading PEPE, has resumed buying ASTER. Since November 4th, this whale has acquired a total of 8.41 million ASTER tokens at an average price of $0.97 each. Currently, the whale holds $1.1 million in unrealized profits from these holdings.
Meanwhile, a newly created wallet labeled “bc1qt4” recently purchased 1,130 BTC, worth approximately $116.6 million, from FalconX over the past nine hours. Another whale, identified as “0x20d6,” also made significant moves by acquiring 523,007 Uniswap (UNI) tokens valued at $4.44 million through FalconX.
In other notable activity, cryptocurrency investment firm Paradigm has made a substantial purchase of HYPE tokens. Paradigm acquired 14.7 million HYPE tokens, with a combined value of $581 million.
*This is not investment advice.*
https://bitcoinethereumnews.com/bitcoin/whales-continue-to-flow-into-bitcoin-and-these-altcoins-here-are-the-altcoins-giant-whales-are-trading/
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