While institutional investors continue to direct the market with their transactions, venture capital company Spartan Group, one of the important investors, transferred $ 5 million in altcoins to Coinbase.
According to Arkham data, the address identified as Spartan Group transferred four altcoins worth over $5 million to Coinbase, including GAL, C98, 1inch and MPL.
Venture capital firm Spartan Group (0x0D…774D) transferred four cryptocurrencies worth more than $5 million to Coinbase, including GAL, C98, 1inch, and MPL. Spartan Group currently holds more than $71 million in various crypto assets. https://t.co/9CnHWfbKBh
— Wu Blockchain (@WuBlockchain) May 17, 2024
According to Arkham data, Spartan Group, which currently has a cryptocurrency portfolio of $74 million, has made its largest investment in the token called BEAM.
Accordingly, Spartan Group also owns various altcoins such as BEAM, PENDLE, RBN, GAL, MNT.
*This is not investment advice.