5 Major Altcoin Whales Made Large-Scale Trades Today: Here’s the On-Chain Data

In the ever-volatile world of cryptocurrencies, some important movements have been observed in recent hours. According to on-chain data, several altcoin whales have made their move.

• The whale with short address 0x551e just withdrew 400 thousand RNDR (1.50 million USD) from Binance. The same whale withdrew a total of RNDR 1.30 million ($4.86 million) in six transactions from centralized exchanges (CEX) in the last four days. Interestingly, he deposited RNDR 1 million ($3.74 million) in seven transactions on central exchanges during the same period. The whale currently costs RNDR 1.10 million ($4.11 million). It should also be noted that RNDR has decreased by 11.24% in the last 24 hours.
• Whale 0x4 also just pulled in 1.58 million POWR ($1.29 million) from Upbit. In total, it has withdrawn 11.59 million POWR ($9.46 million) from centralized exchanges in 13 transactions in the last four days. Remarkably, it deposited 11 million POWR ($8.98 million) in two transactions on centralized exchanges in the last two days. He currently holds 203.68 million POWR ($166.23 million). POWR gained 33.69% in value in the last 24 hours.

• Whale 0xfc4 just deposited 8.7 thousand ETH ($19.62 million) to OKX. This marks the first time the whale in question has deposited ETH onto centralized exchanges. Whale had withdrawn a total of 450.03 ETH from Binance a month and a week ago. It currently holds a modest amount of 5.55 ETH ($12.51 thousand).
• A fresh whale, 0x876, attracted 129.17k LINK ($1.79 million) from Coinbase. In total, he withdrew 169,700 LINK ($2.35 million) of cryptocurrency from centralized exchanges via two transactions in the last 20 hours. He currently holds 169,700 LINK ($2.35 million).
• Another whale, the wallet with short address 0x8b3, recently attracted 3.15 million MAGIC ($3.32 million) from OKX. This move marks the first time the whale has withdrawn MAGIC from a centralized exchange. Currently the whale is holding 4.15 million MAGIC ($4.34 million).

*This is not investment advice.