Crypto NewsAltcoinGalaxy Digital-Affiliated Whale Wallet Purchased Bitcoin and 4 Altcoins, Shorted 5 Altcoins

Galaxy Digital-Affiliated Whale Wallet Purchased Bitcoin and 4 Altcoins, Shorted 5 Altcoins

A cryptocurrency wallet linked to asset management firm Galaxy Digital has made significant altcoin transactions in recent hours.

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In the last 48 hours, the 0xcaC1 wallet, which is said to be affiliated with Galaxy Digital, deposited 125 million USDC into Hyperliquid.

These funds were used to purchase spot ETH, HYPE, BTC, PUMP, and FARTCOIN. Short positions were also opened in BTC, ETH, DOGE, PUMP, FARTCOIN, and S assets for hedging purposes.

Another whale (wallets 0x436F and 0x2DDf) continues to accumulate INSP. Currently holding 109.56 million INSP, they control 10.96% of the total supply. Their current value is approximately $3.98 million.

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On the other hand, a whale named CMJiHu transferred 130,000 SOL ($26.45 million) to Binance, OKX, Bybit, and Gateio exchanges 3 hours ago.

Additionally, a mysterious institution created two new wallets in the last three hours, collecting an additional 33,402 ETH ($158 million). Over the past 10 days, it has accumulated a total of 379,317 ETH ($1.8 billion) through FalconX, Galaxy Digital, and BitGo.

*This is not investment advice.

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