A giant whale deposited 62 million XRP into exchanges. A whale had his eye on this new meme coin instead of WIF and BODEN. A leading altcoin whale withdrew 1,214 ETH from exchanges, increasing his ETH accumulation to 20,545 coins. Here are the details…
The altcoin price rose while the whale carried 62 million XRP!
The XRP price started to rise to around $0.50 amid fluctuations in the overall market. This attracted the attention of investors. This increase came along with a positive movement of other major cryptos such as Bitcoin and Ethereum. However, in a notable development, a whale deposited 62 million XRP into the exchanges. This also gave rise to speculations.
XRP price, Ripple Vs. It is on the radar of investors awaiting the outcome of the SEC case. cryptokoin.comAs you follow from , the legal process regarding Ripple’s lawsuit filed by the SEC has become one of the most important issues in the crypto market. However, with these whale trades, the focus of traders seems to have changed. The last whale transactions were carried out by a single whale who transferred 62 million XRP. These large transactions caused controversy in the crypto community. Additionally, various theories have been put forward about the intention behind it.
Whales focus on this new meme coin instead of WIF and BODEN
Meme coins have become popular in the cryptocurrency world. Recent developments show increasing interest in a meme coin project called PUPS (Ordinals) (PUPS). A whale made a strategic switch to PUPS, boosting the confidence of this meme coin. Whale spent 1.8 million Boden and 1.05 million WIF to acquire 54,161 PUPS worth approximately $2.88 million.
But the whale still has significant holdings in BODEN and WIF. This shows that a strategic diversification strategy is being followed. The whale has 20 million BODEN in its portfolio, worth approximately $16.4 million. Additionally, the whale holds 2.22 million WIF, worth approximately $6.1 million. According to experts, this move is a sign that interest among investors will increase. It has also led to speculation in the market that PUPS will become a major contender. Mobility in the Meme coin segment continues.
Ethereum Whale staked 20.5 thousand ETH!
The crypto market has experienced fluctuations due to tensions between Israel and Iran. However, today the sector has started to recover. In the midst of this, an Ethereum whale staked a large amount of ETH on the Beacon Chain. This created optimism among leading altcoin investors. The altcoin price fell in line with geopolitical tensions and halving corrections. However, with the support of the bulls, it showed signs of recovery and started upward waves. With the whale withdrawing 1,214 ETH from address 0x55c, ETH accumulation reached 20,545 coins. Underlining a conscious investment strategy, Whale staked ETH on the Beacon Chain, a key component of Ethereum 2.0. The whale’s massive ETH holdings underscore the trust in Ethereum. Additionally, it provided investor optimism and ETH price also supported the recovery process.
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