As Bitcoin approaches the end of 2023, the BTC price started the new week at $ 43,000.
While investors and the crypto market are focused on the close of 2023, whales are preparing for the bull, thinking that these levels are still low, and continue to accumulate altcoins.
At this point, Lookonchain said that the newly created whale wallets purchased a large amount of altcoins named MKR, IMX, AAVE and FET from Binance.
Accordingly, the wallet named '0x04e9' purchased 47,096 AAVE (worth $4.7 million) and 2,251 MKR (worth $3.18 million) from Binance about 10 hours ago.
Three new addresses, thought to belong to the same whale, purchased 2.57 million IMX (worth $6.33 million) from Binance.
Finally, the address named '0x6e8c' purchased 1.57 million FETs (worth $1.13 million) from Binance about 11 hours ago.
“Fresh whale wallets are accumulating MKR, AAVE, IMX and FET.
0x04e9 withdrew 47,096 AAVE (valued at $4.7 million) and 2,251 MKR (valued at $3.18 million) from Binance 10 hours ago.
3 new wallets (funded by the same address, likely owned by the same person) withdrew 2.57 million IMX ($6.33 million worth) from Binance approximately 12 hours ago.
0x6e8c withdrew 1.57 million FETs ($1.13 million worth) from Binance approximately 11 hours ago.”
*This is not investment advice.