Preparing for the Bull, Corporate Whale Purchased 23 Million Dollars of Altcoins from Binance! Here Are His Three Preferred Altcoins!

The company, which is among the major institutional investors in the cryptocurrency market, continues to purchase Falcon X altcoins.

According to Lookonchain's post, Falcon X is preparing for the bull. At this point, Falcon X purchased approximately $23 million from Binance, the world's largest cryptocurrency exchange.

Accordingly, Falcon MATIC) was acquired.

We note that over the past week, #FalconX withdrew a total of 10M $IMX ($12.14M), 3.4M $LDO ($7.4M), and 4.23M $MATIC ($3.86M) from #Binance.https://t.co/aSFiHjYfX0 pic.twitter.com/ndbTHH7sZw

— Lookonchain (@lookonchain) November 14, 2023

Analysts commenting on Falcon X's latest altcoin purchase stated that the purchases are part of FalconX's long-term investment strategy and efforts to diversify its portfolio.

*This is not investment advice.