While the cryptocurrency market is trying to gather strength for a new momentum, whales have also taken action. According to on-chain observers, many whales are active. Ember reported that cryptocurrency brokerage platform Genesis Trading transferred a large amount of tokens to Gemini. A giant whale transferred 14.53 million ENA Coins to Bybit. And more…
Whales are piling ENA Coin and these 7 altcoins onto exchanges!
Genesis transferred a large amount of tokens to Gemini
cryptokoin.comAs you followed from , crypto waters were calm during the week. As we prepare to enter the weekend, the market has started to gain some momentum. Leading crypto Bitcoin is struggling in the $63,000 range. Altcoins generally have a similar appearance, with exceptions such as Toncoin (TON). As the crypto waters warmed up, whales took action. According to on-chain watchdog Ember, bankrupt reorganized cryptocurrency brokerage platform Genesis Trading recently transferred 34 altcoins worth $36.46 million to Gemini. The main tokens that came before this extensive list are:
- 16.41 million GRT (4.83 million US dollars).
- 123,000 INJ (US$2.94 million).
- 396 million AMPJ ($2.92 million).
- 32,000 AAVE ($2.89 million).
- 5.56 million MANA ($2.43 million).
A big whale address transferred 517.5 MKR to Coinbase
Another on-chain observer, The Data Nerd, reported that the whale address starting with 0x4A0 transferred 517.5 MKR to Coinbase. This whale had purchased MKR assets a month ago at an average price of $3,600. If the whale decides to sell now, it will lose $467,000.
A giant whale transferred 14.53 million ENA Coins to Bybit
According to tracking by on-chain data analyst ‘ai_9684xtpa’, a whale/institutional address that received 14.53 million ENA Coins from the Ethena multi-signature address recently reloaded all tokens worth $12.53 million to Bybit. The on-chain observer shared the following information about the whale’s ENA Coin transactions:
Suspicious ENA Coin early investor/participant added 2.8 million ENA Coins worth $2.48 million to Bybit at an average price of $0.88 in the last 6 hours. This address received 9.98 million ENA Coins from the multi-signature address of the Ethena project on 01.04.2024 and currently holds 7.18 million ENA worth $6.46 million.
A whale address withdrew 37,000 ETH from ether.fi and deposited it to Coinbase
Meanwhile, on-chain Scopescan captured significant movement by an Ethereum whale. Accordingly, a whale address recently withdrawn 37,141 ETH (approximately $112 million) from ether.fi. Moreover, this whale later deposited the ETHs he withdrew to Coinbase.
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