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

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.