Cryptocurrency markets have experienced significant turbulence over the past 24 hours as whale addresses arrange influential transactions. It left traders and investors on edge. Lookonchain monitoring reported a number of significant movements, including deposits, withdrawals and exchanges involving various tokens. In this article, we will examine the recent whale activity on BLUR and various altcoins, as well as explore other important transactions shaping the crypto landscape. Here are the details…
BLUR token sale and LINK exchange attracted attention
A leading whale address burst onto the scene with a significant sale of 1.78 million BLUR tokens. Simultaneously, the whale initiated a strategic swap, exchanging BLUR for 82,957 LINK at an average price of $0.502. The exchange took place just four hours ago and the average price of LINK at the time of the transaction was recorded at $14.82.
This whale address currently has 193,438 LINK (approximately $2.87 million) with an average acquisition cost of $14.82. These transactions highlight the strategic moves whales make as they navigate the crypto market.
Moves from the mysterious whale
Over the past two days, a mysterious wallet known as “Whale 0x865” has made headlines by withdrawing a significant amount of money from popular cryptocurrency exchange Binance. This mysterious whale transferred various tokens worth $85.02 million to his cold wallet, demonstrating the impact of large-scale movements on the market. In the latest withdrawal transactions, which took place just a few hours ago, $15.3 million worth of BNB and $13.2 million worth of ETH attracted attention. Additionally, the whale activated SHIB worth $1.92 million and IOST worth $1.82 million.
Additionally, on December 1, according to tracking by @ai_9684xtpa, a whale made a strategic move by transferring 1,212 ETH to Binance, worth approximately $2.53 million. It is noteworthy that the whale purchased ETH a year ago at an average price of $1,699 per coin.
ARB whale transferred coins to Binance
Finally, today, according to Lookonchain’s monitoring, in the last 10 hours, a whale address deposited 3 million ARB (approximately $3.11 million) to Binance at a loss. The whale withdrew 6.47 million ARB (approximately $10.27 million) from Binance at a price peak of approximately $1.59 and currently holds 3.52 million ARB (approximately $3.66 million). Currently, the whale address has lost a total of approximately $3.5 million in ARB.
As a result, strategic moves including BLUR token, LINK swaps and multiple token withdrawals highlight the important role whales play in shaping market dynamics. As traders and investors navigate this ever-evolving landscape, staying informed about these influential players and their operations is crucial to making informed decisions in the crypto space.
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