Giant

Ethena

Spot

While fresh wallets and whales turned to Ethereum-based altcoins, which attracted attention with their rise, during and after the Spot Ethereum ETF approval process, these large purchases by whales increased speculation that the altcoin season could begin. 
When looking at whales' purchases, it was seen that they were concentrated in PEPE and Ethena (ENA). 
According to data from Spot on Chain and Lookonchain, which track whales' purchases, whales have increased their PEPE and ENA purchases in recent days. 
Accordingly, a whale bought 1.32T PEPE worth $18.2 million from Binance in just 2 days. 
It was also observed that three whales received 54.31 million ENA worth $45.6 million from CEX in the last 7 days. 
PEPE price has increased by 40% in the last 7 days; ENA, on the other hand, recorded a 21% increase. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 What a crazy buy! 
 This whale bought 1.32T <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$PEPE</a>($18.2M) from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw">#Binance</a> in just 2 days.<a href="https://t.co/BJrm5MPqCS">https://t.co/BJrm5MPqCS</a><a href="https://t.co/zq9f38G7Vc">https://t.co/zq9f38G7Vc</a> <a href="https://t.co/jnddrLZ5AV">pic.twitter.com/jnddrLZ5AV</a> 
 — Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1793987781641015598?ref_src=twsrc%5Etfw">May 24, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/four-giant-altcoin-whales-took-action-they-purchased-huge-amounts-of-2-different-altcoins/">Four Giant Altcoin Whales Took Action: They Purchased Huge Amounts of 2 Different Altcoins!</a>

Four Giant Altcoin Whales Took Action: They Purchased Huge Amounts of 2 Different Altcoins!

Bitcoin Sistemi EN

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