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$BNB, the altcoin of Binance, the world's largest cryptocurrency exchange, exceeded $ 700 with an increase of more than 10% in the last 24 hours.
While $BNB became one of the most profitable altcoins with this rise, the rise in $BNB also mobilized the whales.
With the rise of $BNB, five whales also purchased memecoin WHY, which is on the BSC network.
According to Lookonchain's post, 5 BSC whales purchased over $1 million worth of WHY.
“$BNB price reached an all-time high today!
We noticed that some wallets are purchasing memecoin WHY on the BSC network.
5 wallets withdrew 779 $BNB ($534K) from Binance to buy 14.92T WHY (currently $1.3M) in the last 24 hours.
0x2eb6 spent 150 $BNB ($103k) to buy 3.75T WHY.
0x886a spent 180 $BNB ($124k) to buy 3.25T WHY.
0x3288 spent 153 $BNB ($105k) to buy 3.21T WHY.
0x4bfd spent 150 $BNB ($103k) to buy 2.57T WHY.
0x298F spent 145 $BNB ($99.5K) to purchase 2.13T WHY.”
Launched in early April, WHY has increased by over 700% since then, and its rise in the last 24 hours has exceeded 300%.
The $BNB price hit an all-time high today!
We noticed that some wallets are buying #MEMEcoin $WHY on #BSC.
5 wallets withdrew 779 $BNB($534K) from #Binance to buy 14.92T $WHY($1.3M currently) in the past 24 hours.
0x2eb6 spent 150 $BNB($103K) to buy 3.75T $WHY.… pic.twitter.com/772W1H7yz3
— Lookonchain (@lookonchain) June 5, 2024
*This is not investment advice.