While Bitcoin (BTC) and Ethereum start the new week with a good upward momentum, there is also activity on the whale front.
At this point, we first see that the smart Ethereum whale continues to collect ETH. According to Lookonchain's post, this whale, who made a profit of $76 million on Etrhereum, bought 7 thousand ETH worth $26.7 million from Binance today for $3,814.
Accordingly, the whale currently has 36,785 ETH (141 million ) with an estimated total profit of 76.6 million (+57.9%).
Apart from the Ethereum whale, another whale is also accumulating Fantom (FTM). Accordingly, the whale withdrew 2.96 million USDC from Aave and spent 2.23 million USDC, purchasing 2.82 million FTM at $0.79.
“A whale is buying FTM!
This whale withdrew 2.96 million USDC from Aave and spent 2.23 million USDC, buying 2.82 million FTM at $0.79. “He currently has 736K USDC left.”
Finally, a new wallet purchased 02.4 billion PEPE worth $23.07 million from Binance during the day.
A smart whale withdrew 7,000 $ETH($26.7M) from #Binance 2 hours ago and currently holds 36,785 $ETH($140M).
His profit on $ETH is ~$76M!https://t.co/qj2FgcQOFr pic.twitter.com/O8UDFrzWtY
— Lookonchain (@lookonchain) June 3, 2024
*This is not investment advice.