A Whale Emerged in One of the Most Talked-About Altcoins of the Last 24 Hours: It Sold Big
The post A Whale Emerged in One of the Most Talked-About Altcoins of the Last 24 Hours: It Sold Big appeared on BitcoinEthereumNews.com. According to data from on-chain analysis companies, remarkable transactions took place in the cryptocurrency market. A wallet transferred 12 million BIO tokens (approximately $3.78 million) to Binance in the last hour. This same address had withdrawn 15 million BIO from Binance five months earlier for just $850,000. At the time, the BIO price was $0.057, but by the time of the last transfer, it had risen to $0.315. This resulted in a 4.5x profit for the investor. Furthermore, the same address had withdrawn another 4.8 million BIO (approximately $1.53 million) from the unlock contract shortly before the transfer. BIO price has increased by 108% in the last week. Meanwhile, recent moves by an address that generated $5.16 million in profits during the LUNA/UST crash have drawn attention. According to on-chain analyst Ai Yi, this address recently downsized its portfolio and sold 1,363 ETH and 30 WBTC. The total amount of the transaction was recorded as $9.79 million, with a profit of $1.09 million. The address in question had previously made a profit of $7.29 million from BTC and WBTC purchases and $4.9 million from Ethereum purchases. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/a-whale-emerged-in-one-of-the-most-talked-about-altcoins-of-the-last-24-hours-it-sold-big/
The post A Whale Emerged in One of the Most Talked-About Altcoins of the Last 24 Hours: It Sold Big appeared on BitcoinEthereumNews.com.
According to data from on-chain analysis companies, remarkable transactions took place in the cryptocurrency market. A wallet transferred 12 million BIO tokens (approximately $3.78 million) to Binance in the last hour. This same address had withdrawn 15 million BIO from Binance five months earlier for just $850,000. At the time, the BIO price was $0.057, but by the time of the last transfer, it had risen to $0.315. This resulted in a 4.5x profit for the investor. Furthermore, the same address had withdrawn another 4.8 million BIO (approximately $1.53 million) from the unlock contract shortly before the transfer. BIO price has increased by 108% in the last week. Meanwhile, recent moves by an address that generated $5.16 million in profits during the LUNA/UST crash have drawn attention. According to on-chain analyst Ai Yi, this address recently downsized its portfolio and sold 1,363 ETH and 30 WBTC. The total amount of the transaction was recorded as $9.79 million, with a profit of $1.09 million. The address in question had previously made a profit of $7.29 million from BTC and WBTC purchases and $4.9 million from Ethereum purchases. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/a-whale-emerged-in-one-of-the-most-talked-about-altcoins-of-the-last-24-hours-it-sold-big/
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