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Whales Have Moved Aggressively as Bitcoin Price Starts to Surge: Here are Their Latest Altcoin Transactions
After the sudden surge of the Bitcoin price approaching the 110 thousand dollar limit, a movement among crypto whales was also observed.
On-chain data revealed that a large number of cryptocurrency whales conducted significant transactions today.
According to the data, a newly created fresh crypto whale wallet withdrew 150 million SAHARA tokens worth 12.1 million dollars today via Binance.
On the other hand, a crypto whale that participated in the ICO event, which was the first sales event of Ethereum, transferred ETH worth 2.6 million dollars to Kraken. The whale still holds 3,000 ETH worth 7.79 million dollars in its wallet. This whale had received a total of 100,000 ETH by paying 31,100 dollars at the ICO event.
Another cryptocurrency whale made a move that is really intriguing but sad for itself. The whale wallet spent 1.59 million dollars to buy a meme coin named COMPANY and just a minute later sold it for 16,283 dollars. As a result, the whale wallet lost 1.58 million dollars in less than a minute.
Finally, a cryptocurrency whale wallet deposited 8.76 million dollars worth of USDC into the decentralized cryptocurrency exchange Hyperliquid and then purchased 8.66 million dollars worth of HYPE tokens. The average purchase price of HYPE for the whale wallet was 40.13 dollars.