The tension between Iran and Israel over the weekend caused sharp declines in Bitcoin (BTC) and altcoins.
During this decline, there were investors who panicked and sold, as well as investors who turned the decline into an opportunity.
At this point, a fresh whale turned the decline into an opportunity and purchased 16 altcoins worth $17.43 million from Binance.
According to Lookonchain's post, the fresh wallet from Binance includes Avalanche (AVAX), FET, GRT, Polygon (MATIC), OP, RNDR, DOT, FTM, Chainlink (LINK), Dogecoin (DOGE), PENDLE, GALA, GHST, AEVO, It purchased DYDX and PEPE.
“Which altcoins did whales buy after the market crash?
We noticed that a new wallet purchased $17.43 million worth of altcoins from Binance in the last 3 hours:
48,922 AVAX (valued at $1.86 million) 621,003 FET (valued at $1.45 million) 5.14 million GRT (valued at $1.44 million) 1.9 million MATIC (valued at $1.41 million) 532,444 OP (1 135,751 RNDR (valued at $1.26 million) 174,421 DOT (valued at $1.23 million) 1.6 million FTM (valued at $1.15 million) 68,598 LINK (valued at $993 thousand) 5.3 million DOGE (valued at $851k) 115,427 PENDLE (valued at $802k) 17.49 million GALA (valued at $779k) 410,819 GHST (valued at $767k) 409,826 AEVO (valued at $728k) 326,926 DYDX (valued at $719k ) 124.6 billion PEPE (worth 681 thousand dollars)”
*This is not investment advice.