While the tension between Iran and Israel over the weekend caused a sharp decline in Bitcoin and altcoins, giant whales turned the decline in BTC and altcoins into an opportunity.
At this point, two giant whales made a large purchase. According to Lookonchain's post, Solana (SOL)-based mem tokens purchased MEW and SLERF.
As the broader cryptocurrency market shows signs of recovery, two whales pulled nearly $3 million worth of Solana to buy MEW and SLERF in the last 24 hours.
The whale named 3aTMg purchased 479.6 million MEW at an average price of $0.0032 by withdrawing 10,438 SOLs worth $1.54 million from Binance. Another whale, 2zWLX9, withdrew 8,561 SOL from Binance, worth $1.27 million, to purchase 4 million SLERF at an average price of $0.317.
“During the market recovery, whales bought MEW and SLERF.
B3aTMg purchased 479.6 million MEW at an average price of $0.0032, withdrawing 10,438 SOL (valued at $1.54 million) from Binance.
2zWLX9 withdrew 8,561 SOL ($1.27 million worth) from Binance to purchase 4 million SLERF at an average price of $0.317.”
MEW (Cat in a Dogs World), which has increased by 85% in the last 24 hours, is traded at $ 0.005499, while SLERF, which has increased by 10% in the last 24 hours, is traded at $ 0.3839.
During the market rebound, whales bought $MEW and $SLERF.
B3aTMg withdrew 10,438 $SOL($1.54M) from #Binance to buy 479.6M $MEW at an average price of $0.0032.https://t.co/K32EUy5cF8
2zWLX9 withdrew 8,561 $SOL($1.27M) from #Binance to buy 4M $SLERF at an average price of… pic.twitter.com/qeIWdDTyGt
— Lookonchain (@lookonchain) April 15, 2024
*This is not investment advice.
