The cryptocurrency market has been hit hard by a sharp sell-off. Bitcoin, the leading crypto, fell as low as $61,000, while the rest of the market is taking a blood bath.
Cryptocurrency market hit by sharp sell-off Bitcoin fell as low as $61,000, while the rest of the market is taking a blood bath. In this environment, crypto whales increased their activity. While whales sell WIF Coin and 2 tokens, Justin Sun continues to accumulate ETH.
Whales are working on WIF Coin and these 3 altcoins!
A giant whale transferred a large amount of SHIB to Binance
A whale recently transferred $18.34 million worth of SHIB to Binance, according to on-chain monitor Ember. According to on-chain records, the address bought this SHIB during the market bottom period from November to December last year. Hence, it is estimated that the whale has already made a profit of $8.12 million.
A whale made a record loss from trading WIF Coin!
According to on-chain analytics platform Lookonchain, a whale recently sold $3.77 million worth of WIF Coins. This whale lost $2.71 million as a result of the trades. The address traded WIF Coin twice and lost money each time. In total, this whale lost $4.63 million, according to Lookonchain.
A whale sold all 2.34M $WIF($3.77M) 3 hours ago, losing $2.71M again!
This whale had already lost $1.92M on $WIF before and didn’t learn his lesson!
He traded $WIF 2 times in total, losing money each time, with a total loss of $4.63M!
He bought 2.05M $WIF($7.96M) at $3.88 on… pic.twitter.com/o3etpPgri4
The whale bought 2.05 million WIF Coins ($7.96 million) on April 8 at $3.88. However, he sold them on May 7 and 8 at $2.95, losing $1.92 million. Then from May 16 to May 20, he bought 2.34 million WIF Coins ($6.48 million) at $2.77. Now he sold this pile 3 hours ago at $1.61, losing $2.71 million.
The whale made a profit of $2.9 million by front-running the WATER token!
According to Lookonchain tracking, a specific address spent 16,900 SOL ($2.1 million) to pre-acquire 612 million WATER tokens (accounting for 22.71% of WATER in the pool) in the same block where the dealer added liquidity. The whale then sold all the WATER tokens at a price of 39,279 SOL ($5 million). Thus, he made a profit of 22,379 SOL (2.9 million dollars). Moreover, this process took less than 20 minutes.
Someone made 22,379 $SOL($2.9M) on $WATER in less than 20 minutes!
This guy created a new wallet 5 hours ago and withdrew funds from #Bybit.
Then he spent 16,900 $SOL($2.1M) to snipe 612.23M $WATER(22.71% of the pooled $WATER) in the same block where the deployer added… pic.twitter.com/eRIu0y8rvx
Justin Sun continues to withdraw ETH on Binance!
As you have been following on Kriptokoin.com, TRON founder Justin Sun is among the prominent crypto whales. A wallet believed to belong to Sun has been withdrawing a significant amount of Ethereum (ETH) from Binance over the past three days, sparking speculation in the cryptocurrency community. The wallet withdrew 13,967 ETH from Binance in a series of transactions. This significant amount, totaling approximately $48.8 million, was withdrawn at an average price of $3,494 per ETH over the last 3 days. The most recent withdrawal occurred 8 hours ago and involved 4,629 ETH worth $16.07 million at a price of $3,472 per ETH. This move is part of a broader pattern of significant asset movements by the same wallet.
Three days ago, two large withdrawals were made from the same wallet. The first transaction involved 4,338 ETH worth a total of $15,837 million, with a price per ETH of around $3,421. Shortly after, a second transaction moved 5,000 ETH worth a total of $17.102 million. This time, a similar price
News source:https://www.kdj.com/cryptocurrencies-news/articles/whales-wif-coin-altcoins.html
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