Bitcoin, which has been trading in a narrow range for a long time, continues its struggle of $ 30,000. At this point, as the bulls try to exceed $30,000, $BTC is trading at $29,532, up 2.2% in the last 24 hours.
While altcoins generally move in parallel with Bitcoin, whales turn the narrow gap of $BTC and altcoins into an opportunity and continue their purchases.
At this point, the popular platform Lookonchain wrote that whales collect from the altcoin named Compound ($COMP).
Stating that two whales received $COMP, Lookonchain stated that the whales received 18,686 and 14,885 COMPs.
“Whales are buying $COMP.
The whale “0x3fb7” has purchased 18,686 COMPs in the last 2 hours for an average price of $66.13. The whale spent a total of $1.24 million on the COMPs it bought.
Whale “0x5de6″ bought 14,885 $COMP 8 hours ago for an average price of $64.01. The whale spent 953 $USDC on the COMPs it bought.”
Whales are buying $COMP!
Whale"0x3fb7" spent a total of $1.24M to buy 18,686 $COMP at an average price of $66.13 in the past 2 hours.
Whale"0x5de6" spent 953K $USDC to buy 14,885 $COMP at an average price of $64.01 8 hrs ago. pic.twitter.com/psUMwlnDmw
— Lookonchain (@lookonchain) August 2, 2023
Compound continues to trade at $64.18, up 0.42% in the last 24 hours.
*Not investment advice.