Four Large Cryptocurrency Whales Traded Large Amounts of Altcoins in the Last Hours: Here are the Details

According to on-chain data, many cryptocurrency whales have made significant transactions in the last few hours.

A new cryptocurrency wallet known as 0x437 withdrew a total of SYN 2.33 million (equivalent to $2.02 million) from Coinbase through four transactions in the last four hours. The wallet currently holds the same amount. Notably, SYN’s price is up 4.29% in the last hour.

The whale with short wallet address 0x8b4 is expected to deposit 1.11 million APE (worth $1.54 million) into Coinbase wallet number 10. With this development, this wallet has deposited APE to a central exchange (CEX) for the first time. Interestingly, the same asset had withdrawn 67.06 thousand APE from Coinbase two months ago.

Whale 0x4d1 deposited 4.12 million MATIC ($3.12 million worth) on Coinbase Prime. This is the first time the whale has deposited MATIC on a centralized exchange. It is also worth noting that the same wallet withdrew 469.23 thousand MATIC (worth $355.38 thousand) from a central exchange via two transactions in the last six days.

In another significant move, the whale with short address 0x958 deposited 3.34 million BLUR (equivalent to $2.06 million) on Coinbase Prime. With this move, the wallet in question deposited BLUR to an exchange for the first time.

*This is not investment advice.