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What Actions the Crypto Whales Have Taken in the Last Hours: Here are the Trades They Carried Out

source-logo  en.bitcoinsistemi.com 17 February 2024 13:23, UTC
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In recent hours, some important cryptocurrency whales have traded large amounts of altcoins. Here are some examples of the most important.

A whale investor identified by the short address 0x154 withdrew 309,117 $APE tokens from OKX for a total of $507,673 at an average price of $1,642 per token.

Interestingly, the whale did not hold these tokens for long. Immediately after withdrawal, all $APE tokens staked in the staking pool. As of now, this whale holds and staked a total of 404,969 $APE tokens in the pool, worth $667,867.

Another whale, known as 0x1c6, made a significant move by withdrawing 16,391 METIS worth $1.42 million from cryptocurrency exchange MEXC at $86,946 per unit. This METIS accumulation is particularly notable as it occurred when the price of the altcoin dropped 6.1% in the last 24 hours. Currently, in addition to METIS, this whale also owns AETHAAVE at $7.95 million and VXVS at $2.85 million.

A wallet affiliated with the Hermez Network, identified by the short address 0xa31, deposited 3 million MATIC, equivalent to $2.85 million, to Kraken at an average price of $0.95 per token. This wallet received 19.82 million MATIC from Hermez Network 23 days ago and currently holds 16.82 million MATIC worth $16.06 million.

If the above deposits truly belong to Hermez Network, the wallet in question has received an average of $0.864 ($8.76 million total) from various centralized exchanges including SwissBorg, Bitfinex, and Kraken since the beginning of 2024, with a total of 10.15 million MATIC, especially at local peaks. will have deposited it. The wallet currently has at least 37.8 million MATIC deposited to Polygon, worth $36.3 million.

The price of MATIC has increased by approximately 12% in the past week.

Hermez Network, an open source ZK Rollup, was acquired by Polygon for 250 million dollars in 2021.

*This is not investment advice.

en.bitcoinsistemi.com