Large Whales in Motion: Wallets That Have Been Dormant for a Long Time Made Altcoin Transactions Today!

Today, it was observed that whales are extraordinarily active in the crypto market. Notably, large volume transactions were highlighted in assets such as Ethereum (ETH), SYRUP, and HYPE.

An Ethereum whale that has been inactive for approximately 8 years transferred 1,764 ETH to the Kraken exchange today. This transfer is estimated to have provided the whale with a profit of $3.93 million.

However, another whale or institution that participated in the 2015 Ethereum ICO and acquired 50,000 ETH sent its last 10,195 ETH to ( approximately 25.6 million dollars ) on Kraken. It is calculated that this address, which acquired ETH for only 15,000 dollars during the ICO period, earned a total of 77.76 million dollars by selling them at an average of 1,555 dollars over 8 years, providing an approximate return of 5,000 times.

Another whale address sent 5 million SYRUP tokens to Binance. The value of the transfer was set at approximately $2.27 million. It has been reported that the address in question has traded ENA and SYRUP on Binance and Flowdesk platforms in the last two weeks, and currently holds approximately 121.15 million ENA (yaklaşık 43.97 million dolar).

In the last two days, five different whales purchased a total of 794,104 HYPE tokens for approximately 27.8 million dollars.