Today is Altcoin Selling Day for Whales – Here Are Their Transactions

Cryptocurrency onchain data revealed that some crypto whales today moved some altcoins to centralized cryptocurrency exchanges, presumably for sale.

The first whale to be noticed, Pepe (PEPE) memecoin whale, moved 1 trillion PEPE tokens worth $11.65 million, which he had been holding for 21 days, to Binance.

This whale first withdrew 2.2 trillion PEPE tokens from Binance for $27.68 million 21 days ago. He currently holds 1.2 trillion PEPE tokens worth $14 million and has lost $1.95 million.

Onchain data also showed that four different crypto whale wallets, likely belonging to the same whale, moved 356,000 LINK tokens worth approximately $4 million to Binance in the past 24 hours. The whale purchased the LINK tokens on Kraken for $7.03. At current prices, the whale has a total profit of $2.43 million, with a profit margin of 97.3%.

Finally, a large Solana whale unstaking $7.52 million worth of SOL coins and transferred them to cryptocurrency exchange Binance. The whale currently holds $168 million worth of SOL staked.

*This is not investment advice.