Crypto Whales Active Following Bitcoin Surge

After the Bitcoin price suddenly rose to the $110,000 level, there was noticeable activity among crypto whales.

Major Transactions

Recent on-chain data has revealed that many crypto whales conducted significant transactions today. A newly created whale wallet withdrew 150 million SAHARA tokens worth $12.1 million via Binance.

Another whale, who participated in Ethereum’s ICO event, moved $2.6 million worth of ETH to Kraken. This whale wallet still holds 3,000 ETH valued at $7.79 million. Initially, the whale received 100,000 ETH during the ICO event, paying a total of $31,100.

In a rather unfortunate move, a different whale wallet spent $1.59 million to buy a memecoin named COMPANY, only to sell it for $16,283 just a minute later, resulting in a loss of $1.58 million in under a minute.

Lastly, another whale wallet deposited $8.76 million worth of USDC into decentralized exchange Hyperliquid, purchasing $8.66 million worth of HYPE tokens at an average price of $40.13.

> This is not investment advice.