- According to on-chain data, some crypto whales have become active in recent hours, trading altcoins.
- Large crypto whales have carried out substantial buying and selling transactions in the last few hours.
- A fresh wallet, identified as 0xc2f, recently made a significant move by withdrawing 316,400 LINK tokens equivalent to $4.51 million from the popular crypto exchange Kraken.
Recent on-chain data reveals increased activity among crypto whales, with substantial altcoin transactions being carried out. A new wallet, 0xc2f, has made a significant move, withdrawing a large amount of LINK tokens from Kraken.
Whale Wallets Make Significant Moves
One of the notable moves includes a fresh wallet, identified as 0xc2f, which recently withdrew 316,400 LINK tokens equivalent to $4.51 million from the popular crypto exchange Kraken. This wallet now holds a total of 632.91 thousand LINK, valued at $9.03 million.
Other Noteworthy Whale Activities
In another significant move, a whale wallet known by the short address 0x537 deposited 150,000 RNDR (worth $1.6 million) to GSR Markets’ Binance deposit address. This wallet had purchased these tokens at an average price of $9.93 about 18 hours ago from the Render Network multisig wallet. In total, the whale has deposited 259.99 thousand RNDR (worth $2.77 million) to centralized exchanges through three transactions in the last 30 hours. The wallet currently holds approximately 1.66 million RNDR, valued at $17.64 million.
GSR Markets’ Activity
GSR Markets also deposited 980,000 ENA (worth $919,490) to its Binance deposit address. In total, it has deposited 13.85 million ENA (worth $13 million) to centralized exchanges through 77 transactions in the last six days. Interestingly, it also withdrew 6.41 million ENA (worth $6.01 million) through 44 transactions on Binance during the same period. GSR Markets currently holds 4.52 million ENA (worth $4.24 million) across 11 addresses.
Conclusion
The recent activities of crypto whales and GSR Markets indicate a dynamic market with substantial transactions being carried out. These activities provide an interesting insight into the current state of the crypto market, highlighting the significant role of whales in market movements. As always, investors should conduct their own research and exercise caution when trading.
