Analysts from the cryptocurrency analysis platform Lookonchain shed light on the recent trading of a giant whale in their statement.
According to analysts, the whale with the short address 0xd876 currently contains the altcoin worth $ 23.3 million.
This whale wallet had made a profit of $1.67 million from the Fantom (FTM) altcoin with its previous trades.
According to analysts, this whale recently purchased Maker (MKR), Fantom (FTM) and PEPE.
According to the data, the whale in question purchased 3.18 million FTM by spending 2.26 million dollars on May 7. The same whale bought FTM at $0.33 on January 24 and sold it at $0.83 on March 19, earning $2.8 million.
In addition, the whale wallet purchased 464 MKR tokens at $2,697 hours ago by paying $1.25 million. On April 30, Whale purchased 428 MKR at a price of $2,846 by paying $1.22 million.
On May 8, the same whale spent 558 thousand dollars and bought 70 billion PEPE tokens.
*This is not investment advice.