Two Big Whales Buy Huge Purchases of 6 Different Altcoins on Binance and Gateio

According to Onchain data, two different large cryptocurrency whales made large amounts of transactions on the central exchanges Binance and Gateio.

A new wallet identified by the short address 0x520 withdrew 12.06 million BLZ from Binance, equivalent to $3.63 million, at an average price of $0.301. In total, the whale pulled 17,961,766 million BLZ from Binance across seven transactions, making $5.41 million worth of transactions in the last 23 hours.

Currently, the whale holds all 17.96 million BLZ worth $5.39 million, making it the fourth largest holder of BLZ excluding centralized exchanges (CEX). Interestingly, apart from BLZ, the whale has yet to accumulate any other tokens, including ETH.

In another significant move, a whale identified by short address 0x94c pulled five assets worth $3.6 million from centralized exchanges in the last 30 minutes. Assets include:

• 2.76 million BIGTIME ($984 thousand) from Gate.io
• 1.24 million MATIC ($975 thousand) from Binance
• 38,660 ENS ($731 thousand) from Binance
• 58,765 UNI ($350 thousand) from Binance
• 1.6 million 1INCH ($633 thousand) from Binance

Currently, the whale holds 11 altcoins worth $15.01 million, with a net gain of $1.70 million. Whale earned a total of $2.54 million from seven positions: MKR, ARB, UNI, GAL, 1INCH, MAGIC and BIGTIME; He lost a total of $737 thousand from four positions: ILV, MATIC, LQTY and ENS.

*This is not investment advice.