It seems like a lot of whales have been active in the cryptocurrency market in recent hours.
According to onchain data provided by Lookonchain, the whale with short address 0x8036, which we will talk about first, first purchased $ 5.7 million worth of Ethereum on the cryptocurrency exchange Gemini. This wallet was created from scratch approximately 1 day ago.
Then, the whale in question used all of the ETH he withdrawn to buy Ondo (ONDO). Whale purchased 6 million ONDO tokens at an average price of $0.95. At the time of writing this article, ONDO price is trading at $0.93.
Another whale that has been active in recent hours seems to have experienced a very unfortunate situation. Roosh, a well-known whale in the cryptocurrency market, sold a large amount of Chainlink (LINK) worth $ 2.78 million. Unfortunately, after the whale sold, there was an 18% increase in the LINK price. According to the data, if the whale wallet had waited a little longer, it could have made an additional profit of $497. At the time of writing this article, LINK is trading at $16.20.
*This is not investment advice.