Should the market rebound be bought the dips? See the ten cryptocurrency transactions of whales adding positions.

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After the cryptocurrency market fell below $59,000 yesterday, it has rebounded to $62,000 this morning, and Ethereum also once rose to $3,430. Under the leadership of Big Brother, Altcoin have also generally risen in the past 24 hours, especially meme coins (cat-based, frog-based and political memes, etc.) and Bitcoin ecological tokens (Layer2 and BRC20) have performed well.

Against this backdrop, while uncertainty remains in the market, some investors are already shouting that the bottom is over. The following dynamic area will be sorted out for you. What are the trading trends of whale that usually have a higher winning rate in the market? What currencies have they added to their holdings?

Source: CoinGecko

BTC

On the 24th, IntoTheBlock revealed that holders who control at least 0.1% of the total Bitcoin supply have increased their holdings of 7,130 Bitcoins, worth approximately US$436 million. Net inflows into Bitcoin’s largest wallets reached their highest levels since late May. On the same day, HODL15Capital monitoring found that a certain address had accumulated approximately 4,000 BTC, worth US$235 million.

Bitcoin has slightly increased by 0.6% in the past 24 hours and is currently trading at $61,619.

Extended reading: Decryption of the mysterious Bitcoin whale"Mr.100": It turns out to be the cold wallet of this exchange

ETH

On the 25th, Ember pointed out that Tron founder Justin Sun withdrew 1,449 $ETH from Binance through the 0xDBf...Ec8 address, worth $4.76 million. Brother Sun has withdrawn a total of 15,415.5 $ETH from Binance through this address in the past 4 days, worth $53.61 million, with an average price of $3,478.

On the 24th, a Scopescan post showed that a whale withdrew 4,600 ETH from Binance, approximately US$16 million, and continued to increase its position on the 25th, currently holding ETH worth US$52 million.

In addition, Deribit data shows that many traders are buying large amounts of Ethereum calls expiring in September with a strike price of $4,000. Greg Magadini, director of derivatives at Amberdata, said this shows that traders are betting that Ethereum prices will rise above $4,000 and may challenge and break new all-time highs.

Ethereum has slightly increased by 0.4% in the past 24 hours and is currently trading at $3,388.

WIF

Lookonchain monitoring pointed out that the largest holder of $WIF spent 4.65 million USDC to purchase 2.3 million $WIF for $2.03 8 hours ago . Currently, he still holds 23.39 million $WIF (approximately 49.6 million U.S. dollars) and made approximately 83 million U.S. dollars in profit on $WIF .

On the 25th, Lookonchain also issued a document stating that early buyers of $WIF once again purchased 938,434 $WIF ( $1.6 million). This address purchased 3.58 million $WIF in December last year (currently $6.6 million) at a cost of only $21,000. Currently, 3.97 million $WIF ($7.3 million) are held.

$WIF has risen by more than 8.6% in the past 24 hours and is currently trading at $2.06.

PEPE

According to Ai Auntie’s monitoring , three addresses transferred a total of $13.47 million worth of $PEPE from CEX on the 25th, and Scopechat data shows that the net purchase amount of DEX on the $PEPE chain has reached $2.02 million, which is the average purchase amount last week. 2.88 times.

$PEPE has risen by more than 9.2% in the past 24 hours and is currently trading at $0.000013.

Pendle

On the 21st, Ember issued a document stating that BitMEX founder Arthur Hayes received 89,880 $PENDLE from Wintermute.

Since Arthur Hayes said on June 19 that he was increasing his holdings of $PENDLE and $DOGE, he spent 2.05 million USDC OTC through Wintermute to buy 182,000 |_20241111120232_| (about 1.07 million US dollars) and 280 $ETH (approximately $980,000). Arthur Hayes currently holds 2.088 million coins $PENDLE (approximately $12 million) through 3 addresses, with a cost of $2.89.

On the 11th, Hayes locked up 1.65 million $PENDLE (worth approximately $8.4 million) until September 5, demonstrating his long-term confidence in the token.

$Pendle has fallen 6.4% in the past 24 hours and is currently trading at $5.59.

Extended reading: Arthur Hayes shouts: I am increasing my position in these two Altcoin, legendary trader GCR: The market is still in a bull market

SHIB

According to Ai Aunt's monitoring , on the 25th, the new address 0x9d9...Eb2d6 transferred 527.5 billion $SHIB from the Korean exchange Coinone, worth $9.13 million, with an average transfer price of $0.00001731.

$SHIB has risen 1.3% in the past 24 hours and is currently trading at $0.00001769.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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