Giant whales experience the Altcoin buying frenzy today: Buying large amounts of 6 Altcoins

According to on-chain data, transactions made by some altcoin whales have attracted attention. The data shows that a particular group of whales is making large purchases, especially in memecoins.

According to the data, this cryptocurrency whale has purchased $1.5 million worth of FARTCOIN, $1.49 million worth of WIF, $682,000 worth of BONK, $681,000 worth of MEW, and $680,000 worth of POPCAT today.

Notably, all purchases were made from memecoins on the Solana blockchain. However, the whale's wallet has lost 5.84% of its assets today. The total assets measured are $6.8 million. You can review the whale's portfolio here.

Onchain data also reveals that another cryptocurrency whale has lost a significant amount in a transaction. According to the data, this whale sent 7,000 ETH worth $16.87 million to the cryptocurrency exchange Binance, resulting in a loss of $16.37 million.

This whale purchased 13,478 ETH on Binance for $48.86 million in the past 4-5 months. After selling, this whale still holds 6,478 ETH worth $15.57 million.