There has been remarkable whale activity in cryptocurrency markets in recent hours. Transactions worth tens of millions of dollars were concentrated especially on UNI, FARTCOIN, PEPE and TRUMP tokens.
A whale has withdrawn 1.21 million UNI tokens (approximately $7.37 million) from the Binance exchange. This whale has attracted attention by withdrawing a total of 2.16 million UNI ($12.98 million) in the last 5 days.
Around the same time, another whale sold 1.328 million FARTCOINs for $1.50, earning 1.99 million USDC. As a result of these transactions, it is estimated that he made a net profit of $1.07 million. The same whale recently purchased 1.86 million FARTCOINs for 2.98 million USDC (at a unit price of $1.60).
A whale wallet deposited 4.77 million USDC into the Hyperliquid platform and opened a short position in the PEPE token with 10x leverage. However, the same whale lost $23.52 million when he closed a short position in the HYPE token with 5x leverage. The whale, who deposited a total of 30.5 million USDC into Hyperliquid in the last 23 days, currently has only $6.98 million left on the platform.
The whale with the short address “2WfeaM” bought TRUMP with 2 million USDC and FARTCOIN with 2 million USDC two days ago. Just 10 minutes ago, he sold both positions completely, making a net profit of $200,000. According to the transaction details, he gained $368.5 thousand from FARTCOIN and lost $168.6 thousand in the TRUMP transaction.
*This is not investment advice.
Continue Reading: Massive Whales Executed Transactions Worth Millions of Dollars Today: Here Are the Altcoins They Bought and Sold
