The tension between Iran and Israel over the weekend caused sharp declines in Bitcoin (BTC) and altcoins.
During this decline, there were investors who panicked and sold, as well as investors who turned the decline into an opportunity.
At this point, a fresh whale turned the decline into an opportunity and purchased 16 altcoins worth $17.43 million from Binance.
According to Lookonchain's post, the fresh wallet from Binance includes Avalanche ($AVAX), $FET, $GRT, Polygon (MATIC), OP, RNDR, $DOT, FTM, Chainlink ($LINK), Dogecoin ($DOGE), $PENDLE, $GALA, GHST, AEVO, It purchased $DYDX and $PEPE.
“Which altcoins did whales buy after the market crash?
We noticed that a new wallet purchased $17.43 million worth of altcoins from Binance in the last 3 hours:
48,922 $AVAX (valued at $1.86 million) 621,003 $FET (valued at $1.45 million) 5.14 million $GRT (valued at $1.44 million) 1.9 million MATIC (valued at $1.41 million) 532,444 OP (1 135,751 RNDR (valued at $1.26 million) 174,421 $DOT (valued at $1.23 million) 1.6 million FTM (valued at $1.15 million) 68,598 $LINK (valued at $993 thousand) 5.3 million $DOGE (valued at $851k) 115,427 $PENDLE (valued at $802k) 17.49 million $GALA (valued at $779k) 410,819 GHST (valued at $767k) 409,826 AEVO (valued at $728k) 326,926 $DYDX (valued at $719k ) 124.6 billion $PEPE (worth 681 thousand dollars)”
Which #altcoins did whales buy after the market dropped?
We noticed a fresh wallet withdrew $17.43M #altcoins from #Binance in the past 3 hours, including:
48,922 $AVAX($1.86M)
621,003 $FET($1.45M)
5.14M $GRT($1.44M)
1.9M $MATIC($1.41M)
532,444 $OP($1.29M)
135,751 $RNDR($1.26M)… pic.twitter.com/peeRi3E3nR— Lookonchain (@lookonchain) April 15, 2024
*This is not investment advice.