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Last 24 Hours Big Whale Altcoin Selling Day! Here are the Transactions They Made
Crypto on-chain data revealed that today some crypto whales have likely moved certain altcoins to centralized crypto exchanges for potential selling purposes.
The first whale that stands out is the Pepe (PEPE) memecoin whale, which transferred 1 trillion PEPE tokens worth 11.65 million dollars to Binance, which it has held for 21 days.
This whale had withdrawn 2.2 trillion PEPE tokens worth 27.68 million dollars from Binance 21 days ago. Currently, it still holds 1.2 trillion PEPE tokens valued at 14 million dollars and has incurred a loss of 1.95 million dollars.
Onchain data also revealed that in the last 24 hours, four different crypto whale wallets, probably belonging to the same whale, transferred approximately 356,000 LINK tokens worth around 4 million dollars to Binance. This whale had purchased the mentioned LINK tokens at a price of 7.03 dollars through Kraken. With the current prices, the whale has a total profit of 2.43 million dollars at a profit rate of 97.3%.
Finally, a large Solana whale unstaked SOL coins worth 7.52 million dollars and transferred them to the crypto exchange Binance. The whale still has SOL worth 168 million dollars staked.
*It is not investment advice.
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