Crypto Whale’s Recent Activities

A crypto whale, suspected to be an institutional investor, has benefitted from its holdings in two altcoins, according to onchain data.

Whale’s Profit

The whale’s investments in AAVE and UNI generated a total profit of $49.89 million. Recently, the reactivated wallet made a notable purchase of AIXBT, an altcoin not available on major exchanges like Binance, Bybit, or Coinbase. This investment is considered high-risk due to AIXBT’s market value and lack of listings on centralized platforms.

Recent Transactions

The whale bought $1.3 million worth of AIXBT tokens through Wintermute. To date, it has paid Wintermute $6.1 million, with a breakdown of purchases including $4.26 million in AIXBT, $500,000 in NFTXBT, and $330,000 in EMP since December 4.

Profit Summary

Overall, the whale has made a profit of $2.15 million, or 50%, from its altcoin investments so far.

> Note: This information is not investment advice.