en.bitcoinsistemi.com
Whale activity in the cryptocurrency markets has increased significantly in recent hours. According to on-chain data, high-volume investors have made significant transfers of several major crypto assets, particularly Bitcoin and Ethereum.
According to the data, a whale deposited 10,169 $ETH, worth approximately $29.77 million, into Binance, earning a total profit of $11.36 million. It was noted that this investor had previously withdrawn 19,505.5 $ETH ($48.69 million) from the exchange and staked it, then reinvested 20,269 $ETH ($60.05 million) into the exchange, generating a total staking income of $763.58 $ETH. It is stated that this same whale has earned a total profit of $11.36 million from $ETH transactions over the past three years.
On the other hand, a newly created wallet was observed withdrawing a large number of different crypto assets from Binance. The assets transferred to this wallet included 5,770 $ETH, 9,870 LINK, 140.62 AAVE, 1,950 UNI, 75,450 POL, and 9.99 COMP.
It was also reported that a whale with the address 0xc8D4 completely closed their position of 10,169 $ETH ($29.7 million) approximately 4 hours ago and exited the market. This move is being considered in conjunction with the recent volatility in the Ethereum price.
Another notable development is that Arthur Hayes purchased a total of 32.42 million USDC from Binance, Galaxy Digital, Wintermute, and several other platforms in the last two days.
*This is not investment advice.