After the sharp fall in the cryptocurrency markets over the weekend, investors decided to “buy the fall” and started making purchases. Investors who want to turn the decline into an opportunity want to cover their losses or make more profit when the market starts to recover.
Sharing the data of whales’ token purchases, “Whale Alert” recently shared a $100 million fund transfer transaction made by a whale.
🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 24,000 #ETH (100,293,735 USD) transferred from #Gemini to unknown wallethttps://t.co/Ik73i8XDo4
— Whale Alert (@whale_alert) December 5, 2021
According to the transfer transaction, the whale in question transferred its funds on the Gemini exchange to a special wallet. After the whale bought Ethereum, ETH dropped by approximately 8%, and the value of the wallet dropped to $92 million.
Buy List of Whales!
While the whales were buying the fall, another whale watching site WhaleStats shared a remarkable post.
WhaleStats shared the 10 most preferred cryptocurrencies according to the purchases of the largest Ethereum whales in the over-the-counter world.
According to these data, ETH whales have recently taken an interest in the meme cryptocurrency Shiba Inu and the most popular Metaverse coins MANA and GALA.
According to the shared data, giant whales have averaged $8.42 million worth of Ethereum (ETH), $2.89 million worth of Tether (USDT) and $2.46 million worth of FTX Token (the local asset of the popular cryptocurrency exchange FTX) in the last 30 days. FTT) was purchased.
*Not investment advice.