en

Pessimistic Whale Sells a Large Amount of its 12 Altcoin Holdings

image
rubric logo Altcoins
like buy 3

According to data from Etherscan, a cryptocurrency whale identified with the address 0x8c5 has been selling various digital assets on decentralized exchanges (DEX) for the last four days. Whale sold 12 different tokens worth a total of $4.2 million, mostly for stablecoins such as USDC, USDT, and DAI.

The top three assets sold by Balina were $ARB, $LDO and FXS, accounting for more than half of the total amount. Whale sold 1.5 million $ARB for $1 million, 624 thousand $LDO for $953 thousand, and 92.9 thousand FXS for $521 thousand.

Interestingly, the whale has not completely exited any of the 12 assets he sold and still holds $4.51 million worth of assets in his wallet or liquidity pools.

Here are the altcoins and dollar equivalents that the whale sold in the wallet's last transactions:

  • $ARB: $1,033,741.81
  • $LDO: $952,786.96
  • FXS: $521,010.73
  • UNI: $482,839.53
  • MKR: $366,834.52
  • WLD: $227,558.92
  • STG: $213,390.85
  • WBTC: $129,034.25
  • BLUR: $117,338.83
  • WETH: $76,676.82
  • Silo: $68,719.05
  • LIT: $9,687.62

*This is not investment advice.