Whale Activity Indicator at Its Peak in On-Chain Data – Here Are the Altcoins They Are Trading

CoinMarketCap

08 Jun

Onchain data has once again provided some unusual information about whale movements in recent hours.

According to the data, a crypto whale with the short address 0xfa64, who has not recorded any activity in the last three months, used the wallet to purchase 1.19 million BULLA tokens after earning a total of $218,000 from centralized cryptocurrency exchanges.

A second crypto whale was seen unstaking 25,008 SOL coins worth $3.7 million and transferring them to Binance. In total, this crypto whale unstaking 125,045 SOL worth $17.64 million in the last two months after a four-year staking period. However, this massive whale still has 1.17 million SOL coins worth $174.17 million in staking.

Related News: Tonight is a Big Night for a Surprise Altcoin: Will It Recover After Significant Losses?

Finally, onchain data revealed that two other crypto whales, likely related to each other, purchased 29,739 AAVE worth $7.5 million today. The first of these whales, a crypto whale with short address 0x372c, borrowed 5 million USDC on decentralized cryptocurrency platform Aave and used it to purchase AAVE. He currently holds $69.44 million worth of AAVE tokens.

The second crypto whale, short address 0xeBb4, borrowed $2.5 million worth of GHO stablecoins and used them to purchase 10,131 AAVE. He currently has $29.8 million worth of AAVE tokens.

*This is not investment advice.

Continue Reading: Whale Activity Indicator at Its Peak in On-Chain Data – Here Are the Altcoins They Are Trading

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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In total, this crypto whale unstaking 125,045 SOL worth $17.64 million in the last two months after a four-year staking period. However, this massive whale still has 1.17 million SOL coins worth $174.17 million in staking.Related News: Tonight is a Big Night for a Surprise Altcoin: Will It Recover After Significant Losses?Finally, onchain data revealed that two other crypto whales, likely related to each other, purchased 29,739 AAVE worth $7.5 million today. The first of these whales, a crypto whale with short address 0x372c","collect":0,"end_time":0,"defaultTopTitle":"coinmarketcap.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SKIS":"Peak Resorts, Inc."},"translate_title":"鲸鱼活动指标在链上数据中达到顶峰-以下是他们正在交易的山寨币","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SKIS":1},"content_text":"Onchain data has once again provided some unusual information about whale movements in recent hours.\nAccording to the data, a crypto whale with the short address 0xfa64, who has not recorded any activity in the last three months, used the wallet to purchase 1.19 million BULLA tokens after earning a total of $218,000 from centralized cryptocurrency exchanges.\nA second crypto whale was seen unstaking 25,008 SOL coins worth $3.7 million and transferring them to Binance. In total, this crypto whale unstaking 125,045 SOL worth $17.64 million in the last two months after a four-year staking period. 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He currently has $29.8 million worth of AAVE tokens.\n*This is not investment advice.\n Continue Reading: Whale Activity Indicator at Its Peak in On-Chain Data – Here Are the Altcoins They Are Trading","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}