As the cryptocurrency market was about to enter a new week, an increase in the on-chain activities of some giant crypto whales was detected.
Here are the major altcoin transactions made by whales in recent hours:
The whale with short address 0x722 purchased a staggering 980.18 billion PEPE2.0 using USDT. Over the last three days, the whale has accumulated 1.95 trillion PEPE2.0 worth $409.42 thousand at an average price of $0.00000020939. However, PEPE2.0 is not listed on major cryptocurrency exchanges and is a speculative memecoin without any intrinsic value.
Interestingly, this buying spree followed a significant sale by the same whale. Over the last four days, Whale has sold 1.5 trillion PEPE2.0 worth $314.65 thousand at an average price of $0.0000002099. Despite the recent sell-off, the whale currently holds a significant amount of 1.49 trillion PEPE2.0 worth $313.13 thousand.
PEPE2.0 has gained approximately 60% in value in the last 24 hours.
The whale with short wallet address 0xbc6 made a significant transaction by withdrawing 181.45 thousand UNIs worth $1.9 million from Coinbase Prime. This marks the first time the wallet has received UNI in over a year.
In another important move, the whale with the short address 0xtec purchased 282 thousand MAVIA worth 2.01 million dollars from Bybit. This marks the first time the wallet has purchased MAVIA from a centralized exchange (CEX).
*This is not investment advice.