Whales Are Active Today:
They Made Massive Bitcoin and Altcoin Transactions.
Cryptocurrency onchain data revealed that whale wallets made a large number of Bitcoin and altcoin transactions today.
According to the data, a major crypto whale deposited $20 million worth of #USDC stablecoin into decentralized cryptocurrency exchange Hyperliquid and used $5.97 million of that to purchase the exchange’s HYPE token. The whale wallet purchased a total of 165,366 HYPE, paying an average of $36.08 for each token.
At the time of writing, the #HYPE price is trading at 36.04, almost at the level where the whale wallet made the purchase.
On the other hand, another crypto whale withdrew 600 BTC worth a total of $64.22 million via Binance. This whale had purchased 2,500 #BTC from Binance over the past month and transferred it to his cold wallet. The whale, who paid a total of $267.77 million, is currently at a loss of $2.18 million.
Finally, the third crypto whale withdrew 5,190 #ETH worth $12.57 million from Binance in the last 36 hours and deposited them to the Aave V3 platform after a 7-month dormant period.
*This is not investment advice.
