Even though the spot Bitcoin ETF approval news on Monday was fake, the expectation that BTC will rise has increased among investors and the market.
This pushes investors to buy. Because investors think that these levels are the bottom levels.
At this point, a whale with a 38% winning rate in cryptocurrency trading in the last 6 months made a new purchase.
According to Lookonchain's post, the whale named 'cygninae.eth' bought 8.5 million RLB for $0.15 about 12 hours ago. Whale spent 385 stETH and 434 ETH for these RLBs, worth $1.28 million.
Lookonchain pointed out in its post that this whale earned 3.2 million dollars from its PEPE investment.
“The whale named cygninae.eth bought 8.5 million RLB for $0.15 about 12 hours ago.
Whale spent 385 stETH and 434 ETH on these RLBs, worth $1.28 million.”
Stating that the whale previously earned $3.2 million in PEPE and $173 thousand in RLB, Lookonchain also said that the whale also made losses in altcoin investments.
“Accordingly, the whale previously lost 233.47 ETH worth 373 thousand dollars in the UNIBOT investment and 67 ETH worth 107 thousand dollars in the FUMO investment.
In total, Balina traded 13 altcoins with a 38% winning rate in the last 6 months.”
Lookonchain also shared the table with all the altcoins traded by the whale. Accordingly, while the whale made a profit from its PEPE, RLB, BITCOIN, AUT and CAP investments, it made a loss from its CHAD, WagieBot, NiHao, OMNIA, WOJAK, COCO, FUMO and UNIBOT investments.
*This is not investment advice.