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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.
https://twitter.com/lookonchain/status/1854075148279971943
*This is not investment advice.
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