As Donald Trump won the US presidential election, investors' appetite for risky assets like Bitcoin also increased.
This caused purchases to increase, with whales purchasing large amounts of Bitcoin (BTC) and PEPE in recent hours.
According to Lookonchain's post, 11 new wallets withdrew 1,807 BTC worth $132 million from Binance.
“Whales are accumulating BTC!
“11 new wallets withdrew 1,807 BTC (worth $132 million) from Binance in the last hour.”
Apart from these whales, another whale also took out a $27 million loan via AAVE and bought 366 WBTC at an average price of $13,708.
Whales also bought PEPE in addition to Bitcoin. According to the data, three whales withdrew 835.6 billion PEPE worth $7.94 million from Binance and Gateio.
*This is not investment advice.