As Bitcoin reached record highs again, on-chain activity by large whales attracted attention. The intense trading traffic in the market was particularly concentrated in Aster (ASTER), PumpFun (PUMP), and Ethereum (ETH).
Following the launch of the ASTER spot listing on Binance, many whales transferred large amounts from Aster and Gate exchanges to Binance. According to on-chain data:
- Address 0xaF81 transferred 9.65 million ASTER ($19.87 million) from Gateio to Binance 1 hour ago.
- 0x081c deposited 8.86 million ASTER ($18.74 million);
- 0xF336 transferred 7.23 million ASTER ($15.61 million).
Meanwhile, the GhFaBi wallet, identified as affiliated with PumpFun, sent 3.125 billion PUMP ($20.56 million) to the OKX exchange. This wallet is known to have received 18.74 billion PUMP ($126.65 million) from PumpFun three months ago.
There were also noteworthy transactions on the Ethereum side. BitMEX founder Arthur Hayes continued his purchases by purchasing 113.7 ETH ($520,000) two hours ago.
However, an early Ethereum investor sold 1,800 ETH, or $8.12 million, today. The wallet in question had previously withdrawn 5,999 ETH ($15.14 million) from the Kraken exchange four years ago.
The buying trend continued unabated:
- A whale named 0xd65F purchased 7,311 ETH ($33 million) by depositing 33 million USDC into Hyperliquid.
- 0xa312 withdrew 8,695 ETH ($39.5 million) from Binance.
*This is not investment advice.
