According to onchain information provided by crypto data provider Arkham Intelligence, a crypto wallet that had previously become a whale in a memecoin has made a new transaction.
According to Arkham data, the crypto whale with the short address 6jtAdr…ijN8Ci withdrew 10 million Act I: The AI Prophecy (ACT) tokens from Binance today. The total value of these tokens corresponds to approximately $6.11 million. On the other hand, the total market value of ACT is at $559 million.
However, after the whale’s purchase of ACT, the token did not experience a significant increase in price, losing approximately 52% in value in the last 24 hours. The token gained approximately 30% in value in the last month.
With the purchases, the crypto whale, who previously held ACT, became the ninth largest wallet for the token. The address also currently holds $12 million worth of PNU and $1.58 million worth of GOAT tokens, as well as a number of other memecoins.
*This is not investment advice.