- Bitcoin and altcoin whales have started to move, with a Bitcoin wallet that had been inactive for over 10 years suddenly becoming active.
- Another whale has made significant gains with PEPE investments, while FriendTech (FRIEND) whales have seen impressive profits.
- These movements highlight the volatility and potential profitability of the cryptocurrency market.
Bitcoin and altcoin whales are on the move, with a decade-dormant Bitcoin wallet suddenly active. Discover the latest movements and the profits being made in the crypto market.
Bitcoin Whale Awakens After a Decade of Dormancy
A Bitcoin wallet that had been inactive for 10.3 years has suddenly sprung into action, transferring all of its 687.33 Bitcoin, valued at $43.94 million. This whale purchased its Bitcoin back on January 12, 2014, when the price was just $917, for a total investment of $630,000.
PEPE Whale Makes Profitable Moves
Another whale, known for successful PEPE investments, has made another purchase. This whale spent 1.26 million USDC to buy 142.96B PEPE at a price of $0.000008831. Over the past six months, this whale has made seven PEPE transactions, six of which have been profitable, earning a total profit of $915,000.
FriendTech (FRIEND) Whales Reap Impressive Profits
Web3-focused social media platform FriendTech (FRIEND) has also seen significant whale activity. The price of FRIEND has increased by over 60% in the past two days, leading to substantial profits for its top five buyers. These whales have made a total unrealized profit of approximately $2.89 million.
Conclusion
The recent movements of Bitcoin and altcoin whales highlight the potential profitability of the cryptocurrency market. However, it’s important to remember that the market is highly volatile and investments should be made with caution.
