A new big whale, known by the short address 0xf22, has made a significant entry into the cryptocurrency market. The whale withdrew 174,418 WLD from Binance, equivalent to $779,923, at a price of $4,472 per token.
In addition, along with other transactions made during the day, the fresh whale accumulated a total of 448,675 WLD from Binance, worth approximately $2.02 million, at an average price of $4,503. This is notable as the first time the whale in question has accumulated a token.
As of now, whale 0xf22 continues to hold all the WLD tokens he purchased. This activity coincides with the increase in the price of WLD, which has increased by 40% in the last 24 hours.
At the time of this writing, it is trading at $4.29.
In another significant move, another whale with short address 0x8e2 is expected to deposit 312,837 API3 worth $1.35 million to Coinbase at a price of $4.32 per token.
Between December 13, 2023 and January 11, 2024, the 0x8e2 whale accumulated these API3 tokens from Coinbase at an average price of $1.67. The estimated cost of this savings is $524,508. If the whale does indeed sell now, it will make an estimated profit of $829,440, an increase of 158%.
*This is not investment advice.
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Source: https://en.bitcoinsistemi.com/fresh-big-whale-starts-accumulating-altcoin-on-binance-as-it-experiences-strong-rally/