In the cryptocurrencies, Bitcoin fell to $ 48,800 and then rose above $ 60,000 again, and the last stop was $ 65,000. During this period, meme coins were also seen to experience sharp declines and recoveries. On the other hand, the events turned the eyes to what kind of moves the whales were making, and it was seen that whales continued to make strong purchases in one of the market’s large meme coins.
WIF Whale Is Buying
Looking at on-chain data, To the left The biggest whale to remain off exchanges, (SOL)-based memecoin dogwifhat, appeared to be continuing his accumulation of WIF. A Prize Pool Worth 21 Million TL Awaits You from BinanceTR! Participating and winning has never been easier.. You can sign up to BinanceTR from this link. Get your first crypto!
Looking at the data provided by blockchain tracking firm Lookonchain, it was seen that the Solana address starting with “mmEAfW” purchased a significant amount of WIF during the period.
The largest WIF holder spent 1.54 million USDC to buy back 800,556 WIF at $1.92! This whale currently holds 28 million WIF ($53.23 million) and his profit from WIF has exceeded $77 million!
Last week Lookonchain, shared a graph showing the levels at which the whale made purchases. Looking back to March, it can be seen that the whale, which adopted an aggressive purchase during the market’s rise, preferred to take profits in April and May, and now it is seen that it is slowly accumulating again.
After the pullback in Bitcoin WIF’s The graphs also reflected that it fell a little. As of writing time, the WIF price continues to find buyers at $ 1.86 after a 1.24% decrease in the last 24 hours. At the same time, it maintains its 4th place among meme coins with a market volume of $ 3.731 billion.
How Many TL is Bitcoin?
Lookonchain also drew attention to the existence of a whale that, for an unknown reason, invested large amounts of Bitcoin (BTC) into Binance, the world’s largest crypto exchange by volume, over the weekend. This situation brought about comments that a sell-off could begin again.
According to the company, the whale has BTCs After holding it for months, he made millions of dollars in profits.
A whale deposited 590 BTC ($38 million) on Binance to sell after the BTC price went up and made over $15 million! This whale bought 590 BTC ($22.7 million) from Binance on October 20, 2023, February 21, and April 16, 2024 at an average price of $38,472.
Address:
18Txv4w4J31Un1gHBnxd6mPdNrkMaSvrJJ
As of writing time, the price of Bitcoin is finding buyers at $63,459, with a 1% decrease in the last 24 hours. The fact that the price reached $65,000 and then dropped back to $64,000 has strengthened the view that profit-taking is taking place in the market. BTC/TRY in parity the price 2,163.It appears to be 554 TL.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
