Cryptocurrency markets have attracted great attention in recent years. In addition to leading cryptocurrencies such as Bitcoin and Ethereum, new altcoins such as GMX coin are entering the radar of investors every day. April 8, 2024 is a very active day for cryptocurrency markets. In this article, we will examine some of the most important developments of the day, especially whale movements.
Arthur Hayes transferred GMX coin, investor made profit with PANTIES
An address tracked by Lookonchain invested 30 SOL (about $106,000) in PANTIES today and made a profit of 1,767.5 SOL (about $313,000). The investor purchased 31 million PANTIES and sold them for 1,797.5 SOL (approximately $318,000). He then invested another 600 SOL (about $106,000) to buy 6 million PANTIES.
BitMEX founder Arthur Hayes transferred 237,000 GMX (approximately $9.78 million) to a new address. The address then transferred 41,000 GMX (approximately $1.68 million) to Binance, OKX, and Bybit. The data shows that the new address belongs to Wintermute. This suggests that Hayes may have entrusted his GMX to Wintermute to sell or trade OTC.
There is activity in Maker and ENA coins
A whale who purchased 4,488.9 MKR at an average price of $2,963 in March transferred 3,001 MKR (approximately $10.66 million) to Binance today. MKR serves as the governance token of the MakerDAO protocol. MakerDAO is a decentralized finance (DeFi) protocol running on the Ethereum blockchain. The goal of the protocol is to create a stablecoin called DAI. DAI is a cryptocurrency pegged to the US dollar and is backed by a set of smart contracts managed by MakerDAO to maintain price stability.
The whale named “0x4f6”, a very successful trader in altcoin trading, bought 2.65 million Ethena (ENA) on Bybit at an average price of 1.13 dollars. Balina had previously invested in altcoins such as ENS, CYBER, LINK, FTM, SAND, MANA and AEVO and earned a profit of 347 thousand dollars with a success rate of 71.4%. Ethena has recently begun to attract interest from many investors and a rise was expected.
Cryptocurrency markets are generally in an upward trend today. Bitcoin and Ethereum gained more than 2% in the last 24 hours. Altcoins are also rising in a similar manner. PANTIES and Ethena are among the coins that attracted attention after whale investments. Time will tell how cryptos will behave in the coming period. cryptokoin.com We will be reporting the movements of whales.
To be informed about the latest developments, follow us Twitter’in, Facebookin and InstagramFollow on . Telegram And YouTube Join our channel.