As the selling pressure in Bitcoin continued to increase, the price fell below $ 41,000. This decline in BTC also affected altcoins.
While there were significant withdrawals in altcoins, especially Etheruem, whales took advantage of this decline and did not neglect to buy.
At this point, Lookonchain said that a newly created wallet first purchased BTC.
Accordingly, the whale bought 700 BTC with an average of $ 41,948.
“Looks like a whale is buying BTC!
During the last market decline, a new wallet purchased 700 BTC (worth $29.36 million) from Binance at an average price of $41,948.”
It seems that a whale is buying $BTC!
In the recent market drop, a new wallet withdrew 700 $BTC($29.36M) from #Binance at an average price of $41,948.https://t.co/5kE1l0mJlo pic.twitter.com/Fj1thu4C6x
— Lookonchain (@lookonchain) January 19, 2024
“Successful Whale After Finding the Bottom and the Top Started Accumulating Ethereum!”
Lookonchain said another whale also purchased Ethereum. Accordingly, this whale, who is good at ETH trading, bought 3,600 ETH (worth $ 8.9 million).
“After the ETH price dropped, this smart whale bought 3,600 ETH (worth $8.9 million) at a lower price about 5 hours ago.
This whale is very good at buying ETH at low prices and selling at high prices.
Its total profits are now approximately $25.8 million!”
After the price of $ETH dropped today, this smart whale bought 3,600 $ETH($8.9M) back at a lower price 5 hours ago.
This whale is very good at buying $ETH at low prices and selling $ETH at highs.
The profit is ~$25.8M currently!https://t.co/UzXbheftr1 pic.twitter.com/DannZzsQVk
— Lookonchain (@lookonchain) January 19, 2024
*This is not investment advice.
