Whale Activity Indicator at Its Peak in On-Chain Data – Here Are the Altcoins They Are Trading

Onchain data has once again provided some unusual information about whale movements in recent hours.

According to the data, a crypto whale with the short address 0xfa64, who has not recorded any activity in the last three months, used the wallet to purchase 1.19 million BULLA tokens after earning a total of $218,000 from centralized cryptocurrency exchanges.

A second crypto whale was seen unstaking 25,008 SOL coins worth $3.7 million and transferring them to Binance. In total, this crypto whale unstaking 125,045 SOL worth $17.64 million in the last two months after a four-year staking period. However, this massive whale still has 1.17 million SOL coins worth $174.17 million in staking.

Finally, onchain data revealed that two other crypto whales, likely related to each other, purchased 29,739 AAVE worth $7.5 million today. The first of these whales, a crypto whale with short address 0x372c, borrowed 5 million USDC on decentralized cryptocurrency platform Aave and used it to purchase AAVE. He currently holds $69.44 million worth of AAVE tokens.

The second crypto whale, short address 0xeBb4, borrowed $2.5 million worth of GHO stablecoins and used them to purchase 10,131 AAVE. He currently has $29.8 million worth of AAVE tokens.

*This is not investment advice.