An unknown whale dealer with a 100% constructive monitor report has been aggressively shopping for Ethereum (ETH) for months, in line with blockchain monitoring agency Lookonchain.
Lookonchain says one “good cash” whale with an ideal monitor report of closing trades in revenue has collected practically $70 million value of ETH since late Might.
On-chain information reveals the whale accumulating ETH from Binance, the biggest crypto trade on the earth.
“The good cash with a 100% win price purchased 2,424 ETH ($7.22 million)…
He has purchased 19,436 ETH ($68.25 million) at $3,511 since Might 29!”
Nevertheless, Ethereum is now considerably under the dealer’s common entry level as ETH is at present buying and selling at $2,271, down practically 20% up to now day.
Lookonchain additionally spotted an early investor in Solana (SOL)-based memecoin dogwifhat (WIF) taking revenue after making $24 million in features.
The agency says a sequence of addresses seemingly belonging to the identical entity made large earnings off their unique WIF funding and was at one level up practically 13,000X.
“5 wallets(might belong to the identical particular person) bought 14.53 million WIF ($24 million) [hours ago]!
Extremely, this man purchased 14.53 million WIF on Nov thirtieth, 2023, and the associated fee was solely $5,340!
He obtained a 4,497x return!
If he bought on the highest value, he would have made a revenue of greater than $69 million, a 12,927x return!”
At time of writing, WIF is buying and selling at $1.31, down practically 18% within the final 24 hours.
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