Cryptocurrency onchain data witnessed the movement of many whales today.
Bitcoin price made a partial dash today, exceeding $108,000 and is trading at $108,588 at the time of writing.
According to the data, three whales made purchases of the same altcoin today. The first of the whales, a wallet with the short address 0xd83, used $2.5 million worth of USDC to purchase 70,617 HYPE at an average price of $35.40.
The second crypto whale, 0x9E8, spent $1 million worth of USDC stablecoin to purchase 28,500 HYPE at an average price of $35.09.
The last wallet in this group of whales, 0xab6, entered an order to buy 57,372 HYPE worth $1.45 million at a price of $24.95, according to the data.
At the time of writing, HYPE is trading at around $37.86.
On the other hand, another newly created crypto whale was observed purchasing 1.18 million Keeta (KTA) tokens worth $1.92 million.
The latest crypto whale sent 4,949 Ethereum (ETH) worth $12.54 million to various centralized cryptocurrency exchanges after a four-year dormancy and moved 3,936 ETH worth $9.9 million to another wallet.
*This is not investment advice.
Source: https://en.bitcoinsistemi.com/whales-are-very-active-today-they-bought-and-sold-in-bulk-here-are-their-altcoin-transactions/