Crypto NewsAltcoinOn-chain Data is Here: What Trades Are Whales Making Ahead of Possible...

On-chain Data is Here: What Trades Are Whales Making Ahead of Possible Approval of Bitcoin Spot ETFs?

While the cryptocurrency market was eagerly awaiting Bitcoin Spot ETF approvals, crypto whales made large transactions.

Follow Bitcoin Sistemi Google News Button

In the hours before the highly anticipated approval of the Bitcoin Spot ETFs, on-chain data reveals that some cryptocurrency whales are making significant moves.

Whale 0x781 became active in the Ethereum market by selling 419.796021 WETH for 1 million USDC at an average price of $2,390. Over the past 5 days, it sold a total of 1.19 thousand WETH equivalent to $2.89 million at an average price of $2,440.

The whale with address 0xtdb made a significant deposit of 17.3 million USDT to Kraken. These tokens were purchased from Tether Treasury just one hour before being deposited at an average price of $1,0006922666. Over the past 6 days, 0xtdb deposited a staggering 261.62 million USDT to centralized exchanges in 32 transactions. Despite these large deposits, the whale still has a balance of 39.42 million USDT.

Related News  Bank of England Governor Speaks About Bitcoin and Cryptocurrencies

The whale with address 0xd78 withdrew 300 thousand OKBs worth $16.18 million from OKX. Remarkably, the wallet had deposited 348.18 thousand OKB into OKX 1 year 7 months ago.

The whale with address 0xe87 will likely deposit 5.14 million GMT ($1.65 million) to Binance. The wallet had withdrawn 1.43 million GMT from Binance 12 days ago.

The whale with address 0x006e recently attracted 2.6 million 1INCH ($1.08 million) from Upbit. In total, he has withdrawn 4.26 million 1INCH ($1.77 million) from CEX via 6 transactions in the last 6 days.

*This is not investment advice.

Buradaki Yorumlardan Bildirim Al

Inline Feedbacks
View all comments

Popular Posts of the Week