Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Giant Whales Are Making a Splash with Their Altcoin Purchases! Here Are the Altcoins They Poured Millions of Dollars Into!

Giant Whales Are Making a Splash with Their Altcoin Purchases! Here Are the Altcoins They Poured Millions of Dollars Into!

Bitcoinsistemi2024/12/17 01:44
By: Elif Azra Güven
BTC-0.14%ETH-1.28%LINK-1.30%
Whales continue to buy large amounts of altcoins.

Bitcoin (BTC) started the new week strongly, reaching a new ATH by surpassing $106,000.

While there was a subsequent pullback in the BTC price, whales continue to buy altcoins.

According to Lookonchain's post, a giant whale purchased Chainlink (LINK) and Ethereum (ETH).

Accordingly, a whale with $134 million worth of altcoins purchased 429,999 LINK worth $12.55 million and 1,600 ETH worth $6.3 million from exchanges in the last 48 hours.

Apart from this whale, another whale also withdrew 4.58M ACT worth $2.46 million and 753,472 WIF worth $2.17 million from Binance.

This whale also purchased other altcoins.

Accordingly, the whale purchased 3.22 million JTOs worth $12.3 million on November 23, making an unrealized profit of $805 thousand.

On March 3, the whale purchased 543,098 HNT worth $5 million, making an unrealized profit of $223,000.

On November 30, it purchased 18.83 million GIGAs worth $1.3 million, making an unrealized profit of $304 thousand.

He purchased 1.4 million SPX shares worth $1.1 million on November 29 and November 30, making $105,000 in unrealized profits.

Finally, the whale purchased 1.97 million WORMs worth $74,000 on November 20 but lost $67,000.

A whale withdrew 4.58M $ACT ($2.46M) and 753,472 $WIF ($2.17M) from #Binance 30 minutes ago.

This whale also:
Bought 3.22M $JTO ($12.3M) on Nov 23, with an unrealized profit of $805K;
Bought 543,098 $HNT ($5M) on Mar 3, with an unrealized profit of $223K;
Bought 18.83M $GIGA ($1.3M)… pic.twitter.com/XBc5iBZ9OJ

— Lookonchain (@lookonchain) December 16, 2024

*This is not investment advice.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

New spot margin trading pair — HOLO/USDT!
Bitget Announcement2025/09/12 07:46
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA2025/09/12 06:14
OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA2025/09/12 06:14
New spot margin trading pair — LINEA/USDT!
Bitget Announcement2025/09/11 10:04

Trending news

More
1
New spot margin trading pair — HOLO/USDT!
2
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

Crypto prices

More
Bitcoin
Bitcoin
BTC
$115,919.8
-0.35%
Ethereum
Ethereum
ETH
$4,660.86
-1.11%
XRP
XRP
XRP
$3.12
-0.03%
Tether USDt
Tether USDt
USDT
$1
-0.03%
Solana
Solana
SOL
$241.17
-0.97%
BNB
BNB
BNB
$932.74
+0.47%
USDC
USDC
USDC
$0.9998
-0.01%
Dogecoin
Dogecoin
DOGE
$0.2881
+4.17%
Cardano
Cardano
ADA
$0.9296
+1.73%
TRON
TRON
TRX
$0.3497
-0.59%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter