Big Whale Who Lost Money on Bitcoin, Ethereum, and Solana Now Piles Into Two Surprise Altcoins

Cryptocurrency onchain data has witnessed whales making high volume transactions in recent hours.

According to the data, this crypto whale used some of his USDC stablecoin worth $40.42 million to purchase 715,917 HYPE worth $29.47 million. The average purchase price was $41.16.

On the other hand, the same crypto whale spent the rest of his funds to purchase 7.6 million FARTCOINs for $8.78 million, with an average token purchase price of $1.15.

This crypto whale had previously traded SOL, BTC, and ETH, losing $2.17 million on them. The whale wallet then exited these positions completely, and now appears to have bought HYPE and FARTCOIN.

However, a whale wallet thought to be affiliated with Ethereum developer ConsenSys recently purchased 5,463 ETH worth $14 million via over-the-counter transactions. In total, this whale purchased 166,199 ETH worth $435 million in the last two weeks, with an average purchase price of $2,618.

*This is not investment advice.