Crypto onchain data has witnessed whales making high volume transactions in recent hours.
According to the data, this crypto whale used a portion of the USDC stablecoin worth 40.42 million dollars to purchase 715,917 HYPE valued at 29.47 million dollars. The average purchase price was 41.16 dollars.
On the other hand, the same crypto whale spent the remaining portion of its funds to purchase 7.6 million FARTCOIN for 8.78 million dollars. In this transaction, the average token purchase price was 1.15 dollars.
This crypto whale has traded SOL, BTC, and ETH in the past, incurring a loss of 2.17 million dollars from these transactions. The whale wallet that completely exited these positions now seems to have purchased HYPE and FARTCOIN.
However, a whale wallet that is evaluated to be connected to Ethereum developer company ConsenSys recently purchased 5,463 ETH worth 14 million dollars through over-the-counter transactions. This whale has purchased a total of 166,199 ETH worth 435 million dollars in the last two weeks, with an average purchase price of 2,618 dollars.
*It is not investment advice.
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