In the ever-evolving world of cryptocurrency, whale addresses have once again made waves with their strategic moves in the market. Today, we are investigating the interesting activities of three important altcoin addresses that have attracted the attention of the community. One of the two altcoins at the center of these activities may have risen with whale moves. Here are the details…
0x7d3 withdrew TRB from Binance
On October 30, Ember reported that an address starting with 0x7d3 made a significant withdrawal from Binance. Approximately 17,131 TRB, equivalent to 1.87 million USD, were moved in the last 15 minutes. This transfer occurred at an average price of 109 USD per TRB. Interestingly, the same address had previously withdrawn 1,324,304 LQTY worth 1.94 million USD from Binance on October 12, when the average price was 1.46 USD. It is worth noting that TRB prices have increased rapidly by 10% in the last hour and a half.
On the same date, October 30, the address starting with 0x1d also showed significant activity. This whale address attracted 10,273 TRB from Binance, worth approximately $1.17 million. This transaction occurred after the address attracted approximately 19,000 TRB at an average price of $76 just seven days ago and 28,700 TRB at an average price of $62 ten days ago. The estimated profit from these transactions is now $2.2 million. Market data shows TRB briefly broke above $118 before settling at $116.2, indicating a 24-hour gain of 13.55 percent. It is not known whether the coin is being accumulated by whales or not behind this rise.
Leading altcoin Ethereum strategy attracted attention
On the other hand, the whale address czsamsunsb.eth engaged in borrowing and staking activities. This address borrowed 100 WBTC, equivalent to approximately $3.4 million, via Aave on October 30th and later exchanged it for 1526 ETH. Additionally, just two hours ago he made a withdrawal of 2374 altcoins worth approximately $4.2 million from Binance. Czsamsunsb.eth’s impressive strategy also includes significant deposits. They deposited a total of 44,280 stETH, approximately $79 million, and 16,313 ETH, approximately $29 million, into Aave, Compound, and Spark. Specifically, this address borrowed a total of 200 WBTC worth approximately $6.9 million, along with 8.7 million USDC and 8.5 million DAI. These interesting moves by whale addresses highlight the ongoing changes in activity and strategy in the cryptocurrency market. As prices continue to fluctuate, investors and enthusiasts eagerly await the next major steps of these leading players.
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