The dormant Bitcoin whales are waking up, leaving the crypto community in excitement and sparking many speculations.
As the crypto market experiences a plunge, investors who have been actively positioned in ether are cashing out their gains. In this context, a trend towards selling is being observed among several large investors. This dynamic is fueling speculation about the prospects of the crypto.
Since early February 2024, a mysterious whale appears to be taking a keen interest in the LINK cryptocurrency and has already accumulated over $83 million.
"Robinhood, the famous trading platform, would have significantly increased its reserves in Shiba Inu (SHIB). This meme-inspired cryptocurrency is attracting more and more attention."
Whale investors, who hold massive amounts of crypto, continue to buy Bitcoin despite the correction phase.
The year 2023 came to a close with some unexpected events for the crypto community. Just yesterday, the native token of the Tellor Tributes protocol came under the spotlight by experiencing a fleeting bull run before collapsing. This situation was nonetheless pleasing to the whales. Let's take a tour!
Like an ant, this institutional investor has alternated buying Ethereum at opportune times and has been rewarded handsomely. Indeed, since September, when ETH was trading between $1,500 and $1,600 per coin, this whale was able to amass a tidy sum of over 41,000 ETH. Imagine how much that is worth today, with ether valued at over $2,200.
A Bitcoin whale buys $15 million worth of tokens every 3 hours and sets the crypto market on fire.