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Big Whales Are Super Active: Here Are the Altcoins They’ve Been Buying and Selling in the Last Few Hours

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Whales in the cryptocurrency market attracted attention with their intense transaction traffic in recent hours.

A newly created wallet gave the first signal by withdrawing 1.88 million units of SPX (approximately $3.73 million) from the Bybit exchange.

Following this move, another large whale opened positions by depositing a total of $5.56 million in $USDC onto the HyperLiquid platform. The whale in question went long on BNB with 3x leverage and shorted $SOL and ZORA with 20x and 3x leverage, respectively.

Another whale deposited $11.37 million in $USDC on the same platform, opening a 2x long position for XRP and $SOL; he also executed a smaller 2x long trade for BONK.

Another interesting move came from a $FARTCOIN whale, who sold his 1.71 million FARTCOINs (approximately $2.28 million) for 790.41 million PUMP tokens.

Meanwhile, a new wallet received 38,603 $ETH (approximately $147.7 million). This wallet was identified as coming from an address that previously sent $ETH to SharpLink Gaming. Two days earlier, SharpLink Gaming reportedly received $145 million worth of $USDC from Circle and transferred this amount to various centralized exchanges via Galaxy.

*This is not investment advice.