There is a lot of altcoin buying and selling today. Over the past 24 hours, cryptocurrency onchain data has uncovered some intriguing characteristics in whale data.
The data indicates that the first cryptocurrency whale we will discuss transferred 531 billion Pepe (PEPE) memecoins, valued at $5.55 million, to his cold wallet through Binance.
Prior to this transaction, this crypto whale opened a new wallet. However, the same altcoin was bought in bulk by two recently established crypto whale wallets.
The data shows that the first new whale took out 10.07 million World (WLD) altcoins through Binance, which is worth $9.51 million. Through Binance, the second new whale took out 8.12 million WLD, or $7.68 million.