According to on-chain data detected by the cryptocurrency analysis company Lookonchain, three new cryptocurrency whales were observed to accumulate some altcoins.
Lookonchain analysts reported that three different new cryptocurrency whales are accumulating Chainlink (LINK) and Polygon (MATIC).
According to the data, the whale with the short address 0x8eAD accumulated 247,860 LINK ($3.5 million) in the last two days via the cryptocurrency exchange Binance. On the other hand, it was determined that the short addresses 0x38b3 and 0xa813, which are also new whales, accumulated 5 million MATIC ($3.13 million) from Binance in the last 6 hours.
On the other hand, another cryptocurrency whale recently made a large withdrawal from a different altcoin from Binance. The whale with short address 0x006 withdrew 2.81 million DYDX ($7.94 million) from Binance. The same whale had previously made a similar move, withdrawing $2.31 million worth of DYDX from the stock market and collecting them at an average price of $2.48.
DYDX price is trading at $2.92 at the time of writing this article.
*This is not investment advice.
