Crypto NewsAltcoinProminent Whale Sells Huge Amount of Altcoins on Decentralized Exchange: Starts Accumulating...

Prominent Whale Sells Huge Amount of Altcoins on Decentralized Exchange: Starts Accumulating Another

According to Onchain data, a well-known cryptocurrency whale sold large altcoins on the decentralized exchange.

Follow Bitcoin Sistemi Google News Button

A whale known as Luggis.eth sold a significant amount of Illuvium (ILV), causing a noticeable drop in the price of the altcoin.

Whale sold 10,000 ILV, equivalent to $1.09 million, for 461.7 Ethereum (ETH) at a price of $108.61 per ILV. This sale caused a decline in ILV's price of approximately 3%.

Over the past 24 hours, luggis.eth sold a total of 17,020 ILV for 782.4 ETH, worth $1.84 million, at an average price of $108.23 per ILV. Both sales led to sudden declines in the ILV price. At the time of writing this article, ILV price is trading at $108.03.

Despite these sales, luggis.eth still has a significant amount of ILV. The whale holds 381,356 ILV farmed at short address 0x2079c, valued at $40.7 million.

Related News  New Airdrop Promise from Justin Sun: He Will Distribute Surprise Altcoins Through Binance

Interestingly, while luggis.eth is selling ILV, Maker (MKR) is accumulating. Over the last nine days, despite the losses incurred, the whale accumulated 1,752 MKR from Binance, worth $2.62 million, at an average price of $1,493 per MKR. MKR price is trading at $ 1,409 at the time of writing this article.

*This is not investment advice.



Buradaki Yorumlardan Bildirim Al
Bildir
guest

0 Comments
Latest
The oldest Top Rated
Inline Feedbacks
View all comments

Popular Posts of the Week