Two Big Whales Made Large Purchases of 6 Different Altcoins from Binance and Gateio

According to Onchain data, two different major cryptocurrency whale made a large amount of transactions on the central exchanges Binance and Gateio.

A new wallet, identified by the short address 0x520, received 12.06 million deposits from Binance, equivalent to $3.63 million, at an average price of $0.301. BLZ pulled. In total, the whale pulled 17,961,766 million BLZ from Binance across seven transactions, making $5.41 million worth of transactions in the last 23 hours.

Currently, the whale holds all 17.96 million BLZ worth $5.39 million, making it the fourth largest holder of BLZ excluding centralized exchanges (CEX). Interestingly, apart from BLZ, the whale has yet to accumulate any other tokens, including ETH.

In another significant move, a whale identified by short address 0x94c pulled five assets worth $3.6 million from centralized exchanges in the last 30 minutes. Assets include:

• 2.76 million from Gate.io BIGTIME ($984 thousand)
• 1.24 million from Binance MATIC ($975 thousand)
• 38,660 from Binance ENS ($731 thousand)
• 58,765 from Binance UNI ($350 thousand)
• 1.6 million from Binance 1INCH ($633 thousand)

Currently, the whale holds 11 altcoins worth $15.01 million, with a net gain of $1.70 million. Whale earned a total of $2.54 million from seven positions: MKR, ARB, UNI, GAL, 1INCH, MAGIC And BIGTIME; He lost a total of 737 thousand dollars from four positions: ILV, MATIC, LQTY And ENS.

*This is not investment advice.