In contrast, altcoins such as TRIA, SEAM, and JTO were among those that fell the most.
While the altcoin market experienced both rises and falls, whale activity continued.
According to a post by the cryptocurrency analysis platform Lookonchain, an investor who stated that they missed the rallies in ANSEM, CZ, and TCC took profits in $CASHCAT.
However, they still suffered a significant loss. The anonymous whale missed out on approximately $3.6 million in potential profit because they sold 20 million $CASHCAT memecoins too early. They only made a profit of $2,803.
The whale subsequently repurchased 7.7 million $CASHCAT and now owns 900,600 $CASHCAT, worth approximately $162,000. Its total profit from $CASHCAT is around $396,000.
The whale with the address “0xf02d” closed its $HYPE position after holding it for almost two months, incurring a loss of $4.52 million. But it didn’t give up.
Instead, he opened another 10x leveraged short position on 283,948 $HYPE (worth $19.34 million).
According to data analysis platform Onchainlens, a whale with total profits exceeding $38.75 million has reappeared after months of inactivity.
During the day, he deposited $892,000 into his wallet and opened long positions in two altcoins on Hyperliquid: “A ZEC position worth $7.01 million with 10x leverage; a LIT position worth $3.98 million with 5x leverage.”
Lastly, it was reported that cryptocurrency wallet provider Exodus reduced its holdings of $BTC, $ETH, and $SOL.
According to data released by Exodus, he sold 56 $BTC, 976 $ETH, and 2,924 $SOL.
*This is not investment advice.
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