Crypto NewsAltcoinGiant Whale Dumped All of This Altcoin to Binance

Giant Whale Dumped All of This Altcoin to Binance

According to the development learned from onchain data, a giant cryptocurrency whale deposited the entire altcoin in Binance.

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A whale known by the short address 0xa09 deposited his last remaining 1,488 MKR, worth $ 5.43 million, to the cryptocurrency exchange Binance at an average price of $ 3,652. This whale allegedly purchased a total of 4,489 MKR via the CoW Protocol and Binance on March 17, March 28, and April 1, 2024, at an average cost of $2,984.

However, apart from the last transaction, the whale in question deposited other MKR tokens to Binance in the last 5 hours at an average price of $ 3,583 and a total value of $ 16.09 million. If the whale actually sold, it would make a profit of $2.69 million, a 20.1% gain, in less than a month.

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In another development, whale with short address 0xaa4 purchased 301,676 RBN by paying 500,000 USDC at $1.65.

In total, this whale purchased 602,869 RBN with 1 million USDC in two transactions at an average price of $1,659 in the last 5 hours. Both purchases were made after the price had fallen sharply.

Interestingly, the whale's wallet was created only 7 days ago. Over the past week, the whale also pulled ETH and PENDLE from Binance and now has a total of $809k in unrealized profits from both tokens. The whale attracted 3,600 ETH at an average price of $3,437 (estimated cost of $12.4 million). The tokens were deposited into Pendle Finance V3 and are currently worth $13.03 million, a gain of $653k or 5.28%.

*This is not investment advice.

Buradaki Yorumlardan Bildirim Al

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