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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 The whale wallet has withdrawn 263,341 $SOL from Binance in the last ten months and staked them.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.
u.today
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coindesk.com