Blockchain tracking platform Lookonchain according toa single crypto whale has traded around $53 million worth of Ethereum (ETH) and Wrapped since December 21 Bitcoin (WBTC) purchased.
lookonchainfound that the whale spent 20 million USDC to buy $10 million worth of ETH and $10 million worth of WBTC earlier this week.
As we reported as Koinfinans.com, with its last move, the whale purchased a total of 13,843 ETH at an average price of $ 2,388 and 461 WBTC at an average price of $ 43,168 since December 21.
WBTC is an ERC-20 token pegged to the price of Bitcoin (BTC), allowing investors to invest in BTC while remaining within the Ethereum ecosystem. The asset, which ranks 17th by market capitalization, is trading at $43,530 at the time of writing. ETH is trading at $2,411 at the time of writing.
According to Lookonchain, another mysterious crypto whale or wallet belonging to an institution has also recently emerged from the decentralized oracle network. Chainlink Seems to be accumulating local assets for (LINK).
The crypto tracker reported that the whale or institution withdrew 2,745,815 LINK worth $49.9 million from top crypto exchange Binance via 49 new wallets.
LINK is trading at $18.47 at the time of writing. The 13th-ranked crypto asset by market cap is up more than 18% in the past seven days and more than 28% in the past month.
