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Giant Whales Concentrated on These 3 Altcoins!
A giant whale invested 62 million XRP in exchanges. He WIF a whale and set his sights on this new breast coin instead of BODEN. A leading altcoin whale withdrew 1,214 ETH from exchanges, bringing ETH accumulation to 20,545 coins. Here are the details...
Whale moved 62 million XRP while the altcoin price soared!
XRP price started to rise to around $0.50 amid fluctuations in the overall market. This, in turn, attracted the attention of investors. This surge came along with a positive move from other major cryptos such as Bitcoin and Ethereum. However, in a remarkable development, one whale invested XRP 62 million in exchanges. This also led to speculation.
Whales focus on this new meme coin instead of WIF and BODEN
Meme coin have become popular in the cryptocurrency world. Recent developments show that interest in a meme coin project called PUPS (Ordinals) (PUPS) is increasing. A whale has boosted the confidence of this meme coin by making a strategic switch to PUPS. Whale spent 1.8 million Boden and 1.05 million WIF to acquire 54,161 PUPs worth approximately $2.88 million.
However, the whale still has a significant amount of assets in BODEN and WIF. This shows that a strategic diversification strategy is being pursued. The whale has 20 million BODENs in his portfolio, worth about $16.4 million. In addition, the whale holds 2.22 million WIF, worth about $6.1 million. According to experts, this move is a sign of increased interest among investors. It has also caused speculation in the market that PUPS will become a major contender. Activity in the breast coin segment continues.
Ethereum Whale staked 20.5k ETH!
Due to the tensions between Israel and Iran, the crypto market has experienced fluctuations. However, today the industry has started to recover. In the midst of this, a Ethereum whale staked a large amount of ETH on the Beacon Chain. This, in turn, created optimism among leading altcoin investors. The altcoin's price fell in line with geopolitical tensions and halving corrections. However, with the support of the bulls, it showed signs of recovery and started rise waves. The whale withdrew 1,214 ETH from its 0x55c address, bringing its ETH accumulation to 20,545 coins. Whale underlined a deliberate investment strategy, staking ETH on the Beacon Chain, a key component of Ethereum 2.0. The whale's huge ETH presence emphasizes the trust in Ethereum. In addition, it provided investor optimism, and the ETH price also supported the recovery process.
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