Ethereum

Wrapped Bitcoin

Bitcoin

USDC

Chainlink

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/crypto-whale-increases-holdings-in-ethereum-and-wrapped-bitcoin/" data-wpel-link="internal">Crypto Whale Increases Holdings in Ethereum and Wrapped Bitcoin</a> 
According to blockchain tracker Lookonchain, a single crypto whale has added approximately $53 million worth of Ethereum (ETH) and Wrapped Bitcoin (WBTC) to their holdings since December 21. Lookonchain reports that the whale spent 20 million USDC stablecoin earlier this week to buy $10 million worth of ETH and $10 million worth of WBTC. USDC is the second-largest stablecoin by market value and aims to maintain a 1:1 peg to the US dollar. 
<h2 id="whale-s-eth-and-wbtc-purchases">Whale’s ETH and WBTC Purchases</h2> 
The mentioned whale has bought a total of 13,843 ETH at an average price of $2,388 and 461 WBTC at an average price of $43,168 since December 21. WBTC is an ERC-20 token pegged to the Bitcoin (BTC) price, allowing investors to speculate on Bitcoin while staying within the Ethereum ecosystem. The cryptocurrency ranked 17th by market value was trading at $43,530 at the time of writing, while ETH was trading at $2,411. 
According to Lookonchain, a crypto whale or institution may be inclined to accumulate in the decentralized oracle network Chainlink (LINK) recently. The crypto tracker reported that the whale or institution withdrew 2,745,815 LINK worth $49.9 million from the leading crypto exchange <a href="https://en.coin-turk.com/binance-ceos-resignation-raises-concerns-in-the-crypto-market/" data-wpel-link="internal">Binance</a> through 49 new wallets. LINK was trading at $18.47 at the time of writing. The crypto asset, ranked 13th by market value, has seen an increase of over 18% in the last seven days and over 28% in the past month. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-312786 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/02/balina.jpg" alt="" width="1504" height="1230"> 
<h2 id="whale-activity-in-link">Whale Activity in LINK</h2> 
In conclusion, according to Lookonchain, since December 21, a single crypto whale has been accumulating approximately $53 million worth of Ethereum and Wrapped Bitcoin, while also showing a tendency to accumulate Chainlink, withdrawing 2,745,815 LINK worth $49.9 million from Binance through 49 new wallets. This whale is highlighted as a significant figure in the current Ethereum and Wrapped Bitcoin market movements and is reported to have increased interest in the decentralized oracle network Chainlink. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/crypto-whale-increases-holdings-in-ethereum-and-wrapped-bitcoin/" data-wpel-link="internal">Crypto Whale Increases Holdings in Ethereum and Wrapped Bitcoin</a></h5>

Crypto Whale Increases Holdings in Ethereum and Wrapped Bitcoin

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