Bitcoin, which has been trading in a narrow range for a long time, continues its struggle of $ 30,000. At this point, as the bulls try to exceed $30,000, BTC is trading at $29,532, up 2.2% in the last 24 hours.
While altcoins generally move in parallel with Bitcoin, whales turn the narrow gap of BTC and altcoins into an opportunity and continue their purchases.
At this point, the popular platform Lookonchain wrote that whales collect from the altcoin named Compound (COMP).
Stating that two whales received COMP, Lookonchain stated that the whales received 18,686 and 14,885 COMPs.
“Whales are buying COMP.
The whale “0x3fb7” has purchased 18,686 COMPs in the last 2 hours for an average price of $66.13. The whale spent a total of $1.24 million on the COMPs it bought.
Whale “0x5de6″ bought 14,885 COMP 8 hours ago for an average price of $64.01. The whale spent 953 USDC on the COMPs it bought.”
Whales are buying $COMP!
Whale"0x3fb7" spent a total of $1.24M to buy 18,686 $COMP at an average price of $66.13 in the past 2 hours.
Whale"0x5de6" spent 953K $USDC to buy 14,885 $COMP at an average price of $64.01 8 hrs ago. pic.twitter.com/psUMwlnDmw
— Lookonchain (@lookonchain) August 2, 2023
Compound continues to trade at $64.18, up 0.42% in the last 24 hours.
*Not investment advice.