‘Massive Whale Sold Off all Altcoin on Binance’

A whale, known by the short address 0xa09, has made significant moves in the cryptocurrency market recently. The whale deposited the last remaining 1,488 MKR tokens, worth .43 million, to the exchange Binance at an average price of ,652. This follows earlier purchases of a total of 4,489 MKR via the CoW Protocol and Binance at an average cost of ,984 on March 17, March 28, and April 1, 2024.

In a surprising turn of events, the same whale deposited more MKR tokens to Binance in the last 5 hours at an average price of ,583, with a total value of .09 million. If the whale decides to sell, it stands to make a profit of .69 million, representing a 20.1% gain in less than a month.

Meanwhile, another whale with the short address 0xaa4 made waves in the market by purchasing 301,676 RBN tokens for 500,000 USDC at .65. The whale then went on to buy a total of 602,869 RBN with 1 million USDC in two transactions at an average price of ,659 following a sharp price drop.

Interestingly, the whale with the short address 0xaa4 created their wallet just 7 days ago. In addition to their RBN purchases, the whale also pulled ETH and PENDLE from Binance, accumulating 9k in unrealized profits from both tokens. The whale obtained 3,600 ETH at an average price of ,437 (estimated cost of .4 million) and deposited the tokens into Pendle Finance V3. The current value of the tokens stands at .03 million, marking a gain of 3k or 5.28%.

It’s important to note that this information is not investment advice.