Crypto Whale Accumulates Millions of Dollars Worth of PNUT and GOAT Meme Coins
- Patricia ArquetteOriginal
- 2024-11-17 00:54:14714browse
Crypto whales continued to remain bullish on newly listed tokens on Binance — Peanut the Squirrel and Goatseus Maximus. On Saturday, a whale withdrew
Crypto whales have shown bullish interest in newly listed tokens on Binance, including Peanut the Squirrel (PNUT) and Goatseus Maximus (GOAT). On Saturday, a whale withdrew $7.12 million worth of PNUT from Binance as the price surged by 2000% in a week.
The whale also holds GOAT, which saw a price increase of 60% in the past week. This whale activity signals a growing interest in meme coins.
According to Solscan, a crypto whale withdrew 3.848 million PNUT from Binance to a personal address on November 16. The total value of this transfer was $7.12 million. This movement is significant as crypto whales are known to indicate upcoming market movements. Notably, PNUT price has skyrocketed a massive 2000% over the week.
In addition to PNUT, the whale made another notable move with GOAT recently. The trader spent $6.1 million to buy 10 million GOAT tokens at an average price of $0.61. GOAT, which saw a recent price surge of 60%, has now risen by 90% since the whale purchase.
The whale is currently sitting on a floating profit of $5.5 million from this investment. This price increase aligns with the broader rise in meme coins, with a particular focus on the Solana blockchain. As PNUT continues to trade at an all-time high, its potential for further gains continues to attract the attention of crypto investors and traders.
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