Two Giant Altcoin Whales Made Big Trades: They Had an Impact on Price

Cryptocurrency whales exhibit remarkable activities and make important transactions in the market.

A whale purchased 601,949 LINK on January 19, equivalent to $8.9 million, at an average price of $14.8 per LINK. Today, another whale transferred 343,002 LINK worth approximately $5 million from Binance to a newly created address. The transaction took place over the last 8 hours at an average price of $14.5 per LINK.

LINK price is trading at $14.5 at the time of writing this article.

In another notable transaction, the whale with short address 0x9a4 deposited 465.93 thousand ZRX worth $170.63 thousand to the Upbit deposit address. The whale in question deposited 3.73 million ZRX to Upbit in the last two days, for a total value of $1.37 million.

It is worth noting that this whale received 4.49 million ZRX, equivalent to $1.65 million, at an average price of $0.366 in the last 5 days. Currently, it holds 2.16 million ZRX worth $789.4 thousand.

However, ZRX price has experienced a decline and the altcoin is down 12% in the last 24 hours.

ZRX price is trading at $0.3496 at the time of writing this article.

*This is not investment advice.