While FTX-induced selling pressure causes Bitcoin and altcoins to fall, some investors turn these declines into opportunities.
At this point, the popular platform Lookonchain said that a whale was steadily accumulating altcoins named UNIBOT, BITCOIN, LOOKS, HILO and Dubbz.
Lookonchain stated that the whale spent 2,802 Ethereum (ETH) worth $4.73 million to buy UNIBOT, BITCOIN, LOOKS, HILO and Dubbz in the last 30 days, although it had a total loss of $1.05 million at current prices.
Explaining the whale's loss table, Lookonchain wrote that the whale lost $ 385,000 from UNIBOT, $ 484,000 from BITCIN, $ 94,000 from LOOKS and $ 88,000 from HILO, and earned $ 5,000 from Dubbz trading.
“A whale has been accumulating UNIBOT, BITCOIN, LOOKS, HILO and Dubbz. The whale spent a total of 2,802 Ethereum ($4.73 million worth) to purchase UNIBOT, BITCOIN, LOOKS, HILO and Dubbz in the last 30 days.
At current prices, the whale lost $1.05 million.
Whale bought 11,884 UNIBOTs for 868 ETH (valued at $1.49 million) at $125 and lost $385K.
He bought 13.47 million BITCOIN at $0.1 for 811 ETH (worth $1.4 million) and lost $484k.
He bought 21.78 million LOOKS at $0.1 for 769 ETH (worth $1.26 million) and lost $94k.
He bought 2.57 million HILO at $0.15 for 240 ETH (worth $393k) and lost $88k.
He bought 88,088 Dubbz at $2.10 for 114 ETH (worth $185,000 million) and earned $5,000.”
*This is not investment advice.