Crypto NewsAltcoinOn-chain Data Reveals: Fresh Whale Makes Significant Moves into Two Unrelated Altcoins

On-chain Data Reveals: Fresh Whale Makes Significant Moves into Two Unrelated Altcoins

According to cryptocurrency onchain data, a newly created fresh cryptocurrency whale made purchases of two different altcoins.

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Cryptocurrency onchain data has revealed that a fresh crypto whale recently made withdrawals from two altcoins via Binance.

According to the data, the fresh whale purchased 127,697 Chainlink (LINK) worth $1.9 million and 123 billion Pepe (PEPE) worth $1.08 million.

Onchain data shows that the whale does not currently have any other altcoins in his wallet.

On the other hand, when we examine the movements of different crypto whales during the day, we see that a huge whale unstaking 340,510 Solana (SOL) stash worth $51.18 million hours ago today. Interestingly, this whale had been staking this large amount of SOL coins for exactly five months. The whale wallet transferred 300,000 SOL of the unstaking cryptocurrencies to Kraken, probably for sale.

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There are currently approximately 43,800 SOL in the wallet, worth $6.64 million.

Similarly, PumpFun, a memecoin launch platform, transferred 105,233 SOL worth $15.83 million to cryptocurrency exchange Kraken. The platform’s total SOL sales this year exceeded $314 million.

*This is not investment advice.

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