⭐⭐A Major Whale That Lost in Bitcoin, Ethereum, and Solana Has Now Made a Heavy Investment in Two Surprise Altcoins! ⭐⭐

Whales Are on the Move: Onchain Data Indicates Significant Purchases

In recent hours, it has been noted that major investors (whales) have made significant transactions in the cryptocurrency markets. Onchain data reveals that two large wallets conducted high-volume purchases.

The first whale wallet used a substantial portion of its total $40.42 million worth of USDC stablecoin assets to acquire 715,917 HYPE tokens for approximately $29.47 million. The average purchase price for this transaction was recorded at $41.16. With the remaining funds, the same wallet spent $8.78 million to purchase 7.6 million FARTCOIN, with an average purchase price of $1.15.

It is known that this whale previously traded large cryptocurrencies like SOL, BTC, and ETH, but suffered a loss of about $2.17 million from these transactions. It is observed that the investor, who has completely exited these positions, is now turning towards more niche and volatile altcoin projects.

On the other hand, another whale wallet, believed to be linked to the Ethereum development company ConsenSys, purchased 5,463 ETH for approximately $14 million through over-the-counter (OTC) transactions. This wallet has made a total investment of about $435 million by acquiring 166,199 ETH over the past two weeks. The average purchase price is found to be around $2,618.

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