After Two Years of Patience, The Whale Gave Up: Sold All of His Altcoin Holdings on Coinbase

The cryptocurrency community witnessed a whale transaction involving the whale with short address 0xb7f depositing all 619.86 million JASMY tokens (equivalent to $3.63 million) to Coinbase.

The deposit was made at a price of $0.0059 per token. At the time of writing this article, JASMY price is trading at $0.005793.

This particular whale had previously purchased JASMY tokens between July 15 and October 26, 2022, and again on January 9, 2023, at an average price of $0.00591. After patiently holding these tokens for 2 years, Whale finally decided to break this agreement.

Meanwhile, the JASMY token gained a remarkable 11.93% at its peak in the last 24 hours but has since retreated.

A second cryptocurrency whale, short address 0x2a2, pulled 10,244 INJ altcoins worth $357,000 from cryptocurrency exchange Coinbase. Whale made the withdrawal when the INJ price was $34.8. At the time of writing this article, it is trading at $35.

The total amount of INJ withdrawn from this wallet to date is 100,386 tokens, and the average price withdrawn since January 31, 2024 is $34.82. Impressively, in the last 16 hours alone the amount of tokens withdrawn by the whale was 60,394 INJ ($2.04 million).

As of now, the wallet still holds its entire stash of 100,386 INJ worth $3.5 million. INJ price has increased by 3% in the last 24 hours.

*This is not investment advice.