A crypto whale suspected to be an institutional investor appears to have received the reward of his holdings in two altcoins, according to crypto onchain data.
According to the data, the crypto whale who bought AAVE and UNI made a total of $49.89 million. However, the whale wallet, which recently reactivated, interestingly made a new purchase of the AIXBT altcoin, which is not listed on Binance, Bybit or Coinbase.
However, it is important to remember that this altcoin is extra risky due to its market value and the fact that it is not listed on centralized cryptocurrency exchanges.
The data shows that the crypto whale in question made the purchase through Wintermute. In its latest move, the whale wallet purchased $1.3 million worth of AIXBT tokens from the Wintermute address.
The Debank profile of the whale wallet can be accessed here.
The whale wallet has paid $6.1 million to Wintermute so far, purchasing a total of $4.26 million worth of AIXBT, $500,000 worth of NFTXBT, and $330,000 worth of EMP since December 4.
The whale wallet has made a profit of $2.15 million, or 50%, from the altcoins it has purchased so far.
*This is not investment advice.
