- Successful crypto whale’s altcoin purchases have been revealed.
- The whale, who previously made a profit of $1.67 million with a Fantom (FTM) transaction, currently holds assets worth $23.3 million.
- The whale also made significant purchases of Maker’s native token, MKR, and the popular meme coin Pepe.
Unveiling the altcoin investments of a successful crypto whale, the article delves into the whale’s strategy, highlighting its significant purchases in Fantom, Maker, and Pepe.
Whale’s Successful Fantom (FTM) Transaction
The whale, who had previously made a profit of $1.67 million with a Fantom (FTM) transaction, currently holds assets worth $23.3 million. On May 7, the whale spent $2.26 million to purchase 3.18 million FTM, expecting a nearly 150% increase from its previous FTM transaction and earning a substantial profit.
Purchases in Maker’s Native Token (MKR)
The whale also made significant purchases in Maker’s native token, MKR. The purchases were made on April 30 and today, with the whale spending a total of $2.5 million for 992 MKR.
Investment in Meme Coin Pepe
Lastly, the whale made a purchase of the popular meme coin Pepe on May 8, spending $558,000. Given the whale’s previous transactions, expectations of an increase in these altcoins have also risen.
Conclusion
Tracking the movements of successful crypto whales can provide valuable insights into potential market trends. This whale’s significant investments in Fantom, Maker, and Pepe suggest a bullish outlook on these altcoins, potentially signaling lucrative investment opportunities for other traders.