Whales Sell WIF Coin and These 2 Altcoins, But Buy This One!

The cryptocurrency market was hit hard by sharp sales. While the leading crypto Bitcoin falls to $ 61 thousand, the rest of the market is also in a bloodbath. In this environment, crypto whales increased their activities. While whales sell WIF Coin and 2 tokens, Justin Sun continues to accumulate ETH.

Whales are working on WIF Coin and these 3 altcoins!

A giant whale transferred a large amount of SHIB to Binance

According to monitoring by on-chain observer Ember, a whale recently transferred $18.34 million worth of SHIB to Binance. According to on-chain records, the address purchased this SHIB during the market base period from November to December last year. Therefore, it is assumed that the whale has already made a profit of $ 8.12 million.

A whale made a record loss from WIF Coin trading!

According to on-chain analytics platform Lookonchain tracking, a whale recently sold $3.77 million worth of WIF Coin. This whale lost $2.71 million as a result of the buying and selling process. Address traded WIF Coin twice and lost money each time. According to Lookonchain, this whale lost a total of $4.63 million.

Whale purchased 2.05 million WIF Coins ($7.96 million) on April 8 at $3.88. However, it lost $1.92 million by selling it at $2.95 on May 7 and 8. Subsequently, from May 16 to May 20, he purchased 2.34 million WIF Coins ($6.48 million) at $2.77. Now, by selling this stack for $1.61 3 hours ago, he lost $2.71 million.

Whale made a profit of $2.9 million by front-running the WATER token!

According to Lookonchain tracking, one address spent 16,900 SOL ($2.1 million) to previously acquire 612 million WATER tokens (accounting for 22.71% of WATER in the pool) in the same block to which the distributor added liquidity. Whale subsequently sold all WATER tokens for 39,279 SOL ($5 million). Thus, he made a profit of SOL 22,379 ($2.9 million). What’s more, this process took less than 20 minutes.

Justin Sun continues to withdraw ETH from Binance!

cryptokoin.com As you follow from , TRON’s founder Justin Sun is also among the leading crypto whales. A wallet thought to belong to Sun has withdrawn a significant amount of Ethereum (ETH) from Binance over the past three days, sparking speculation in the cryptocurrency community. The wallet withdrew 13,967 ETH from Binance through a series of processes. This valuable measure, worth approximately $48.8 million in total, was withdrawn at an average price of $3,494 per ETH in the last 3 days. The most recent withdrawal occurred 8 hours ago and included 4,629 ETH worth $16.07 million at a price of $3,472 per ETH. This movement is part of a broader pattern of asset movements by the same wallet.

Three days ago, two large withdrawals were made from the same wallet. In the first process, 4,338 ETH worth a total of 15,837 million dollars were used and the price per ETH was approximately 3,421 dollars. After a short while, 5,000 ETH worth a total of 17,102 million dollars were moved in a second process. This time a similar price per ETH was around $3,420.