Onchain Data in Action: Three Enormous Altcoin Whales Show Activity – Two Sell and One Buy
A trio of massive cryptocurrency whales has made some significant altcoin trades during the recent quiet hours.
Wintermute Trading OTC received a deposit of 421.98 MKR (equivalent to $1.28 million) from MakerDAO’s Multisig wallet. This transaction is part of a larger series of movements, with a total of MKR 3 thousand ($9.08 million) deposited to CEX over the last six days. Interestingly, this entity withdrew 20 MKR from Coinbase Prime three months ago. At present, it possesses 21.93 thousand MKR, valued at $66.36 million.
In another noteworthy development, the whale with the short wallet address 0x2ea acquired 299.99 thousand USDC and 250.19 thousand RBN, averaging at a price of $1.19. Over the course of the last six days, it has purchased a total of 1.44 million RBN, amounting to $1.7 million, with an average price of $1.17. This particular whale had transferred 932,930 RBN to the Aevo Staking wallet a month ago. At the moment, it holds RBN 2.83 million, valued at $3.35 million.
The remaining whale address, 0x5f1, transferred 1.5 million ONDO (equivalent to $1.26 million) into the Bybit deposit account. In total, it has sent 17 million ONDO ($14.32 million) to this exchange through 11 transactions in the last five days. As of now, this whale holds 1 million ONDO, valued at $842.49 thousand.
*Please note that this information does not constitute investment advice.