Cryptocurrency whales made significant transactions involving TRB, LINK, and ETH on October 23, flooding the altcoin community with excitement and speculation. These movements were closely followed by Blockchain analysts. It also provided insights into the ever-evolving landscape of crypto assets. Here are the details…
TRB withdrawals from OKX and Binance
According to the latest tracking data from Lookonchain, two recently created wallet addresses initiated withdrawals of 24,784 TRB (equivalent to $1.88 million) from leading cryptocurrency exchanges OKX and Binance. Over the past three days, a total of seven new wallet addresses have collectively withdrawn 198,755 TRB worth $15.06 million, representing 7.83% of the total TRB supply. The sudden appearance of these addresses and their actions attracted the attention of many, raising questions about their intentions and impact on the TRB market.
Balina made profits with altcoin
Tracking data from Spot On Chain revealed that the wallet address starting with ‘0x8f5’ deposited a significant amount of 17,534 TRB ($1.35 million) to Binance. This deposit, at an average price of $76.75, occurred just 15 minutes after the previous purchase. It is noteworthy that this address first purchased TRB on September 20 at an average price of $39.26 and was among the 15 early TRB investors who predicted the rapid rise of the asset. If the asset owner chooses to sell now, he or she will make a significant profit of $657,000, a 95.5% gain, in just one month.
Early LINK supporter continues his investment
In another notable transaction that took place on the same day, an address that has been a staunch supporter of LINK since 2018 spent 612,000 USDC to buy 55,331 LINK tokens at an average price of $11.61. The decision to invest in LINK was well timed as the altcoin experienced a nearly 20 percent increase in value in the last 24 hours. Accumulating transactions over years, this private address raised $987,000, highlighting potential rewards for early adopters of promising crypto assets.
Whale movements attract attention for the leading altcoin
Ember’s data analysis reported that a whale address, which has been cited as playing a significant role in Ethereum’s market growth, allocated another 6 million USDC to acquire 3,574 ETH tokens in just 20 minutes. This address has invested a total of 24 million USDC since October 20 to obtain 14,647 ETH. Thus, the average purchase price was $1,638. These movements indicate a bullish sentiment regarding the altcoin Ethereum. The actions of this address are closely monitored as a barometer of market sentiment and potential price direction.
To be informed about the latest developments, follow us Twitter’in, Facebookin and InstagramFollow on . Telegram And YouTube Join our channel.