Rocket

Bitcoin

Giant

Rocket Pool

A cryptocurrency whale with the address etherealcapital.eth has made some big moves with the Rocket Pool (RPL) altcoin, a decentralized Ethereum staking pool that offers up to 3.14% APR for staking ETH. 
According to data from Etherscan, the whale removed RPL 152,731 (worth about $6.22 million) from its liquidity pools. He then moved 6,270 RPL (approximately $255,000 worth) to a new wallet with the address 0x6fe and exchanged the 270 RPL for 5.72 ETH (approximately $10,900 worth) six hours ago at a price of $40.54 per RPL. This could be the first of many future swaps as the whale tries to cash out some of its profits. 
Related News: <a href="https://en.bitcoinsistemi.com/giant-whale-starts-sales-in-this-altcoin-it-has-a-significant-part-of-the-supply/" target="_blank">Giant Whale Starts Sales In This Altcoin: It Has A Significant Part Of The Supply!</a><a href="https://en.bitcoinsistemi.com/giant-whale-starts-sales-in-this-altcoin-it-has-a-significant-part-of-the-supply/" target="_blank"> The whale still holds a large amount of RPL in its original wallet, such as RPL 406,000 (worth approximately $16.4 million) at the current price of $40.30 per RPL. This makes it one of the largest holders of the token with a circulating supply of 19.5 million RPL and a market cap of $806.4 million. Rocket Pool aims to provide a decentralized and unsupervised solution for staking ETH, allowing users to stake as little as 0.01 ETH and receive rETH tokens in return. *Not investment advice. </a>
<a href="https://en.bitcoinsistemi.com/giant-whale-starts-sales-in-this-altcoin-it-has-a-significant-part-of-the-supply/" target="_blank">The post </a><a rel="nofollow" href="https://en.bitcoinsistemi.com/giant-whale-starts-sales-in-this-altcoin-it-has-a-significant-part-of-the-supply/">Giant Whale Starts Sales In This Altcoin: It Has A Significant Part Of The Supply!</a> appeared first on <a href="https://en.bitcoinsistemi.com">Bitcoin Sistemi</a>

Giant Whale Starts Sales In This Altcoin: It Has A Significant Part Of The Supply!

Bitcoin Sistemi EN

Other articles published on Jun 24, 2023

Bitcoin Cash (BCH) Records Jaw-Dropping Increase in Daily Volume

Two Ripple Clients Launch Payment Tool for Indian Expats in Bahrain

Bitcoin Price Analysis: Orbiting 30716 Technicals - 25 June 2023

Sequoia Capital Partner’s Bold Endorsement of FTX: We’d Invest Again in a Heartbeat!

PEPE Coin and Dogecoin (DOGE): What’s the Direction of these Rising Altcoins in 2023?

Gold Defender Peter Schiff's Target Is Bitcoin Again! “The Party in BTC is Near End!”

Join our free newsletter for daily crypto updates!