- It has been observed that some crypto whales have become active in recent hours and are trading altcoins in the market.
As the cryptocurrency market was about to enter a new week, an increase in the on-chain activities of some giant crypto whales was detected.
Here are the major altcoin transactions made by whales in recent hours:
The whale with short address 0x722 purchased a staggering 980.18 billion PEPE 2.0 using USDT.
Over the last three days, the whale has accumulated 1.95 trillion PEPE 2.0 worth $409.42 thousand at an average price of $0.00000020939.
See Also: Bitcoin Whales Have Bought About 250K BTC In 2024 Alone – Is This A Sign Of Market Confidence?
However, PEPE 2.0 is not listed on major cryptocurrency exchanges and is a speculative meme coin without any intrinsic value.
Interestingly, this buying spree followed a significant sale by the same whale.
Over the last four days, Whale has sold 1.5 trillion PEPE 2.0 worth $314.65 thousand at an average price of $0.0000002099.
Despite the recent sell-off, the whale currently holds a significant amount of 1.49 trillion PEPE 2.0 worth $313.13 thousand.
PEPE 2.0 has gained approximately 60% in value in the last 24 hours.
The whale with short wallet address 0xbc6 made a significant transaction by withdrawing 181.45 thousand UNIs worth $1.9 million from Coinbase Prime.
This marks the first time the wallet has received UNI in over a year.
In another important move, the whale with the short address 0xtec purchased 282 thousand MAVIA worth 2.01 million dollars from Bybit.
This marks the first time the wallet has purchased MAVIA from a centralized exchange (CEX).
Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
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