Whales Continue to Flow into Bitcoin and These Altcoins! Here Are the Altcoins Giant Whales Are Trading!
Whales are actively accumulating cryptocurrencies despite market fluctuations. A whale named '66kETHBorrow' purchased 385,718 Ethereum (ETH) worth $1.33 billion since November 4th, using $270 million borrowed from Aave. Another whale named 'ThisWillMakeYouLoveAgain' bought 8.41 million ASTER tokens, gaining $1.1 million in unrealized profits. A newly created wallet 'bc1qt4' acquired 1,130 Bitcoin (BTC) worth $116.6 million from FalconX. Whale '0x20d6' purchased 523,007 Uniswap (UNI) tokens worth $4.44 million via FalconX. Additionally, investment firm Paradigm bought $581 million worth of HYPE tokens.
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Overall Market Activities by Whales
While Bitcoin (BTC) and altcoins continue to fluctuate, whales remain highly active. At this point, declines in crypto assets are being treated as buying opportunities by these large investors.
ETH Accumulated by Whale '66kETHBorrow'
According to a post by crypto analytics platform Lookonchain, a whale identified as '66kETHBorrow' has been frantically accumulating Ethereum (ETH) since November 4th. This whale purchased approximately $105 million more worth of ETH within an hour.
In total, the whale has amassed 385,718 ETH, valued at $1.33 billion, since November 4th. Of this, $270 million was borrowed from Aave to fund the purchases.
ASTER Accumulation by Whale 'ThisWillMakeYouLoveAgain'
Another major whale, named 'ThisWillMakeYouLoveAgain', has been actively buying ASTER. According to Lookonchain's report, this whale—who previously made over $36 million in profits from PEPE—has purchased 8.41 million ASTERs at an average price of $0.97 since November 4th.
It is noteworthy that this whale currently holds approximately $1.1 million in unrealized profits from ASTER investments.
BTC Purchase by Newly Created Wallet 'bc1qt4'
In the past 9 hours, a newly created wallet named 'bc1qt4' purchased 1,130 BTC, worth an impressive $116.6 million, from the trading platform FalconX.
UNI Purchase by Whale '0x20d6'
Another whale, identified as '0x20d6', executed a significant purchase through FalconX as well. The whale acquired 523,007 Uniswap (UNI) tokens, valued at approximately $4.44 million.
Paradigm's Major HYPE Investment
The cryptocurrency investment firm Paradigm also completed a notable acquisition recently. Paradigm purchased 14.7 million HYPE tokens, valued at a massive $581 million.
*Disclaimer*
This is not investment advice.