Big Whales Are Back in Action: Onchain Data Shows Which Altcoins They are Focusing on

The cryptocurrency market has seen notable whale activity in recent hours. Onchain data revealed intense activity from large investors across various tokens.

Here are the transactions made by crypto whales in the last hours:

• A newly created wallet withdrew 234,083 Uniswap (UNI) ($2.35 million) and 485.77 Ethereum (ETH) ($2 million) from Binance.
• A whale withdrew 2,200 ETH ($9.15 million) from Binance and transferred his assets to the Aave V3 platform to earn returns by lending them.
• Another new wallet withdrew 1.35 million ONDO ($1.26 million) and 1.6 million ENA ($1.03 million) from Binance in the last hour.
• BitMEX co-founder Arthur Hayes spent 1 million USDC to purchase 7.66 million BIO approximately 5 hours ago.

According to on-chain analysis, renowned trader 0x15b3, who has made over $48 million in profits over the last four months, is also among the prominent names in the market. Since April, the whale has opened long positions on Hyperliquid in 15 different tokens, including ETH, XRP, SOL, and LINK, generating over $38 million in profits.

0x15b3, on the other hand, bought 309 WBTC ($24.68 million) in April at an average price of $79,778 and has since sold 199 WBTC ($22.06 million) at an average price of $110,687, making a profit of approximately $10 million. He currently holds 110 BTC ($12.5 million).

*This is not investment advice.