Whales and Institutions Are Buying 2 Altcoins

Recent blockchain activities indicate significant accumulation for 2 altcoins in particular. Accordingly, both whales and institutions are on the move. They provided significant savings for Worldcoin and BLUR. Let’s look at the details together.

Fresh Wallet Withdrew Millions of Altcoins WLD

In the last three hours, a newly created wallet made moves. Accordingly, it withdrew 4.12 million WLD tokens, equivalent to 6 million dollars, from leading exchanges such as OKX and Binance. This large-scale withdrawal attracts attention. It also indicates a strong belief in the future prospects for the altcoin.

On the other hand, GSR, an important player in the cryptocurrency market, has been accumulating WLD tokens steadily since August 29. Their total holdings have now reached 7.4 million altcoin WLD tokens, equivalent to $10.8 million. This continued accumulation indicates a long-term commitment to the token.

Amber returns to the WLD stage

Another notable event is Amber’s recent activity in the altcoin WLD market. After an 87-day hiatus, Amber withdrew 500,000 WLD tokens worth $730,000 from OKX just two hours ago. This return to the market shows renewed confidence in the WLD token.

The increasing accumulation of altcoin WLD tokens by major players in the cryptocurrency space has a point. Accordingly, it is indicative of a broader trend in the digital asset market. Whales and institutions are positioning themselves to benefit from potential future developments and value growth in the WLD token.

Whales are accumulating altcoin BLUR

BLUR token attracts attention with a 40% price increase in the last 24 hours. On the other hand, there is significant activity in some whale addresses. Whales have made a move for this altcoin. Accordingly, the steps of some whale addresses attract attention. Accordingly, there are 8 whale address steps. Addresses 0x748 and 0x0f2 made strides even before the price increase. Accordingly, they managed to accumulate 42.09 million BLUR tokens, equivalent to 7.09 million dollars.

altcoin

Additionally, the addresses 0xdde, 0x837 and 0xb32 attract attention. Three addresses identified as 0xdde, 0x837 and 0xb32 accumulated 5.7 million altcoin BLUR tokens worth $1.02 million after the price increase. When we look at Kriptokoin.com, the last three addresses are 0xafa, 0xeff and 0x778. Accordingly, they deposited all 4.28 million BLUR tokens worth $745,000 back to Coinbase either directly or through Wintermute Trading. Purchases were made at an average price of $0.174.

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