Those 4 Altcoins Are Targeted by Whales: There is a Huge Profit Sale!

The cryptocurrency market has been shaken by exciting developments lately. The most striking of these is that an investor earns hundreds of thousands of dollars with a newly entered and unknown altcoin.

Altcoin investor made a spectacular profit

cryptokoin.com As we reported, according to information provided by Lookonchain, a popular blockchain analysis platform, a trader invested 0.2 Ethereum ($635) in a coin called DizzyHavoc (DZHV) on February 26. According to Etherscan data, more than 2,300 wallets hold DZHV, which has a total supply of 160 million. The two wallets holding the largest amount of DZHV in their wallets have 6.4 percent of the total supply.

DZHV, which was launched on January 29, had almost no trading volume until this date. After this investor’s transaction, the DZHV price increased by 82 thousand 220 percent. The investor later sold the total of 6.47 million DZHV he purchased for 69.8 Ethereum ($226 thousand 400). This investment brought the investor a profit of more than 220 thousand dollars in just a few days.

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Whales also took action

The activity in the cryptocurrency market is not limited to small investors only. Recently, it has been seen that large investors, known as “whales”, have also made significant moves. According to @ai_9684xtpa data on February 28, a whale who opened an ETH position three weeks ago attracted attention. Because he deposited 2,400 ETH to FalconX. This transaction is valued at $8.02 million. The same address transferred 2,000 ETH on February 9 at an average price of $2,487. If all of these ETHs are sold, a profit of $1.71 million will be made.

Also on February 28, according to Lookonchain’s observations, a wallet address withdrew 1.03T PEPE (current value $2.76 million) from Binance before the PEPE price increased. In less than 3 days, profitability reached $134 million (+95.3%). This wallet address had been dormant for over 650 days before withdrawing PEPE from Binance.

Another whale made an ARB move

Moreover, exciting developments have continued in recent hours. According to Ember Monitor, a whale transferred 1.12 million ARB (approximately $2.1 million) to Binance. The profitability of this transaction is at the level of 290,000 dollars. These latest developments in the cryptocurrency market have created great excitement among investors. It is a matter of curiosity what kind of course the market will follow in the coming period.

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