Today’s cryptocurrency onchain data revealed that massive whales are making interesting transactions in some altcoins.
The first of today’s whales spent $2 million worth of USDC stablecoins to buy 4.04 million Jupiter (JUP) tokens at an average price of $0.49. The token’s price, which rose above $0.50 during the day, is trading around the whale’s purchase level at the time of writing.
Meanwhile, another crypto whale unstaking 207,578 SOL coins worth $34.93 million. The whale, which has not shown any signs of activity for three months, has made a total profit of $1.27 million. The whale wallet has withdrawn 263,341 SOL from Binance in the last ten months and staked them. The amount he earned from staking rewards was recorded as 13,000 SOL.
Interesting whale activity was also observed on the Official Trump (TRUMP) side, the official memecoin of US President Donald Trump. According to the data, a newly created cryptocurrency wallet withdrew 203,230 TRUMP tokens worth $2.62 million via Binance. Interestingly, this withdrawal came after registrations for the dinner that TRUMP will host with major token holders closed. It seems that this whale is not interested in having dinner with TRUMP.
Finally, onchain data revealed that a crypto whale sold two altcoins and bought another. According to the data, the whale wallet sold $1.41 million worth of ETH and AERO and bought 1.85 million KTA. The whale wallet currently has $2.06 million in assets.
*This is not investment advice.
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