Elon Musk’s logo change on Twitter has put the popular meme coin Dogecoin (DOGE) on the market’s agenda. However, events in the crypto world are developing and changing fast. Whales are setting new targets as DOGE now enters a period of rest.
DOGE, not BTC, whales are after these altcoins!
A GMX whale address has increased its holdings by 60,958 GMX
A giant GMX whale address spent 2,568 ETH to increase its holdings of 60,958 GMX, according to data from crypto analytics and tracking platform Lookonchain. The average price of this increase was around $80. He also noted that the same address initially spent 1851 ETH and bought 41,362 GMX on March 14 at an average price of $79.2. Since then, the 6324 GMX has been changing hands on the Binance platform for an average price of $74.6. Currently the address has a total of 108,644 GMX, which is approximately $8.76 million.
Crypto whales make ARB hoarding a priority
Despite a rather shocking entry into the crypto world in March, whales still seem to be accumulating Arbitrum (ARB). Analytics platform Lookonchain took to Twitter this morning to reveal that a whale or institution has received a total of 11.76 million ARBs worth $14.82 million from Binance and Gate.io in the past 24 hours.
The address that receives this large amount of ARBs is a new address and currently only seems to hold ARBs. In addition, Lookonchain also revealed that another whale known as Andrew Kang bought more than 700,000 ARBs for $1 million USDC after tweeting about this particular crypto.
Whales make waves with big MATIC purchases
cryptocoin.comAs you follow, in the world of cryptocurrencies, big players known as whales have the power to move the markets with their big purchases. In recent news, two Ethereum whales have made significant purchases for Polygon (MATIC), a cryptocurrency currently making headlines with its impressive performance in the market.
The first whale, “BlueWhale0072”, recently purchased 1,199,298 MATIC tokens worth approximately $1,391,185. According to WhaleStats, a website that tracks the largest cryptocurrency transactions, BlueWhale0072 ranks 90th on the list of top whales. This acquisition is a clear indication of BlueWhale0072’s confidence in the future of MATIC and its potential to perform well in the market.
The second whale to make a significant purchase from MATIC is known as “Dwalin”. Dwalin purchased 8,590,206 MATIC tokens worth an impressive $9,878,737. Despite being ranked lower than BlueWhale0072 on WhaleStats, #722 is equally significant and reflects the bullish outlook for Dwalin’s altcoin.
At the time of writing, the current price of MATIC is $1.1 and has increased by about 2% in the last 24 hours. The altcoin has been doing well in the market lately and most indicators are bullish on its future performance. MATIC has seen a significant increase in demand and trading volume, which has led to an increase in market value. As more investors and institutions realize the potential of MATIC, we will likely see more whales and investors making significant purchases in cryptocurrency. According to experts, with its promising performance in the market, MATIC is definitely a coin worth checking out in the coming months.
Whale received 229B SHIB, total intake reached 3.73T
WhaleStats, a blockchain data monitoring platform, recently reported that the 254th largest ETH Whale named “BlueWhale0073” added 229.96 billion SHIB, worth $2.58 million, to its wallet in a single transaction, which took place about 2 hours ago, according to press time.
This marks the second largest SHIB purchase in recent days. A new Shiba Inu Whale acquires 3,504,812,794,902 (3.50T) SHIBs worth $40,235,250 ($40.23 million) in a single transaction, making it Shiba Inu’s 30th largest holder.
Overall, Whales spent $42,815,435 ($42.81M) in the last 24 hours to purchase 3,734,775,877,400 (3.73T) SHIBs in two separate transactions. WhaleStats data also reveals that DOGE competitor is the 3rd most held token (excluding ETH) among the top 100 ETH Whales, holding a combined $601,204,724 ($601,20M) worth of SHIB in their wallets.
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DOGE, Forget BTC! Whales Priority These 4 Altcoins!