BNB, the altcoin of Binance, the world's largest cryptocurrency exchange, exceeded $ 700 with an increase of more than 10% in the last 24 hours.
While BNB became one of the most profitable altcoins with this rise, the rise in BNB also mobilized the whales.
With the rise of BNB, five whales also purchased memecoin WHY, which is on the BSC network.
According to Lookonchain's post, 5 BSC whales purchased over $1 million worth of WHY.
“BNB price reached an all-time high today!
We noticed that some wallets are purchasing memecoin WHY on the BSC network.
5 wallets withdrew 779 BNB ($534K) from Binance to buy 14.92T WHY (currently $1.3M) in the last 24 hours.
0x2eb6 spent 150 BNB ($103k) to buy 3.75T WHY.
0x886a spent 180 BNB ($124k) to buy 3.25T WHY.
0x3288 spent 153 BNB ($105k) to buy 3.21T WHY.
0x4bfd spent 150 BNB ($103k) to buy 2.57T WHY.
0x298F spent 145 BNB ($99.5K) to purchase 2.13T WHY.”
Launched in early April, WHY has increased by over 700% since then, and its rise in the last 24 hours has exceeded 300%.
The $BNB price hit an all-time high today!
We noticed that some wallets are buying #MEMEcoin $WHY on #BSC.
5 wallets withdrew 779 $BNB($534K) from #Binance to buy 14.92T $WHY($1.3M currently) in the past 24 hours.
0x2eb6 spent 150 $BNB($103K) to buy 3.75T $WHY.… pic.twitter.com/772W1H7yz3
— Lookonchain (@lookonchain) June 5, 2024
*This is not investment advice.
