Recently, whale purchases have been on the agenda for many altcoin projects. In this article, we will highlight the latest whale purchases and some of the profits they made. Among the altcoins we will talk about are WOO, WIF, WLD and ARB. Here are the details…
WOO published a report: Its price increased
The developers of WOO Network (WOO) today published their comprehensive 17-page annual report. The report emphasizes that the launch of Multi-MM, WOO’s groundbreaking transparent and live balance sheet, has been completed. Additionally, WOO introduced Multi-MM, as well as WOO Turkey, WOOFI Swap and a decentralized order book exchange (DEX). In a notable development, blockchain analysis platform Lookonchain has detected significant transactions involving WOO tokens. A crypto whale recently withdrew approximately 11.24 million WOO from Binance, equivalent to $4.2 million. Following this whale move and the published report, WOO experienced a sudden price increase of 27%. However, this rise has now slowed down.
WOO The report also examines future projections, with WOO developers targeting a Bitcoin price target of $75,000 in the first quarter of 2024. Additionally, developers predict that Bitcoin will turn into a safe-haven asset next year.
Trader increased $1,000 to $100,000: He became rich
On the other hand, a crypto trader managed to turn a $1,000 investment into an impressive $100,000. The success story revolves around Dogwifhat (WIF), a random memecoin on the Solana Blockchain. This remarkable success comes at a time when inexperienced investors are returning to the crypto markets. The trader, who operates under the pseudonym Blockgraze, shared the story on the X platform and explained that Dogwifhat was acquired shortly after Solana entered the DeFi markets in late November.
In response to questions about the strategy behind this success, Blockgraze humorously said, “I guess the secret is to be stupid.” Following this development, WIF altcoin continued its rise and reached an unexpected market value of approximately 30 million dollars.
Amber Group acquisitions attracted attention
There are allegations that Amber Group, one of the leading participants in the crypto market, has withdrawn a significant amount of Arbitrum (ARB) tokens from Binance. The whale, identified as 0x011 and suspected to be associated with the Amber Group, reportedly attracted 2.00 million ARB, equivalent to $2.36 million. Latest reports indicate that Amber Group accumulated 3.9 million ARB from Binance last month, worth an average of $1,114. A notable transfer of 1.99 million ARB ($1.99 million) was made to 0x1ee. Currently address 0x011 holds 2 million ARB ($2.36 million), while address 0x1ee holds an impressive 11.86 million ARB ($14 million).
In addition to the ARB moves, market makers reportedly withdrew 3.02 million Worldcoin (WLD) tokens ($7.61 million) from Binance and OKX. Amber Group, on the other hand, withdrew 2.02 million WLD ($5.09 million) from OKX and directed all these tokens to the 0x978 address, which currently holds 6.74 million WLD ($6.74 million). Market dynamics and token movements within Amber Group and associated whales underscore the evolving landscape of crypto market participants.
To be informed about the latest developments, follow us Twitter’in, Facebookin and InstagramFollow on . Telegram And YouTube Join our channel.