Three Giant Whales Trade Large Amounts on Binance: They Traded These Altcoins!

Examining the latest on-chain data, some on Binance in altcoins We see that there is a whale activity.

Three Whales Trade Loads of LDO, GMX, and MKR Altcoins

According to the data a cryptocurrency 1.52 million whale whales were recently valued at $4 million on Binance. Lido Finance (LDO) bought the token. The whale in question, which is a new wallet, does not have any other coins in its balance.

As it is known, on April 12 Ethereum Shanghai will go through the update and staked Ethereum tokens will be unlocked gradually. At this stage, there has been some activity in the altcoins of liquid staking protocols such as LDO.

A second cryptocurrency whale recently paid $4.9 million worth of Ethereum, with 60,958 units at $80. GMX bought the token. The same whale also bought GMX for $3.3 million on March 14 at an average cost of $79.2.

In addition, the same whale who bought GMX also made a purchase at $ 74.6 and transferred $ 472,000 worth of GMX tokens to his wallet via Binance. The whale in question is holding 108,644 GMX tokens worth $8.76 million at the time of this writing.

Finally, a third cryptocurrency whale MakerDAO founder Rune also made big transactions today. Rune transferred $3.18 million worth of LDO tokens to his wallet and started buying MKR again by selling them.

*Not investment advice.