Crypto NewsAltcoinWhales Are Accumulating These Three Altcoins: On-Chain Data Shows

Whales Are Accumulating These Three Altcoins: On-Chain Data Shows

On-chain cryptocurrency data has revealed that whale wallets have been focusing heavily on certain altcoins, especially in the last few hours.

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Data released today by on-chain analytics accounts revealed significant investor buying in Uniswap (UNI), Chainlink (LINK), and Ethereum.

The address tracked by Lookonchain, starting with 0xC374, purchased 308,517 UNI worth approximately $2.13 million in its latest transaction. The same address’s total purchases over the last 45 days reached 1.32 million UNI, with the total value of these purchases reaching approximately $11.05 million.

Another address has been observed to accumulate LINK and Ethereum. According to on-chain analyst Ai Yi, the address 0xBA2…aB9ff spent $8.23 million on 740,000 LINK and $6.92 million on 3,046.68 ETH in the last five days. The total purchases of the two assets amounted to $15.15 million.

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The total LINK balance at this address reached 787,000 tokens. According to the analyst’s calculations, with the purchases, the cost of LINK dropped to approximately $11.24, while the position carried an unrealized loss of approximately $366,000.

On the Ethereum side, Lookonchain also reported that address 0x32c6 spent approximately 19.7 million USDT and received 8,773.5 ETH. Thus, in the reports shared today, addresses focusing on a single asset as well as those accumulating both LINK and ETH stood out.

*This is not investment advice.

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