Thanks to 0xScope for providing data support
During the period from February 3 to February 10, 2025, the Bitcoin market experienced significant volatility. On February 3, the Bitcoin price fell from the opening price of $101,361 to a low of $95,064, a drop of about 6.2%. Subsequently, the price rebounded to a high of $102,052.28 on February 4, but was unable to hold steady and then fell back to $97,963.3. As of February 10, the Bitcoin price fluctuated between $96,500 and $98,200.
Market analysts pointed out that this volatility may be related to macroeconomic factors. For example, the US's imposition of tariffs on China, Mexico and Canada has raised market concerns about global trade tensions, which in turn has affected the sentiment of the cryptocurrency market. In addition, on-chain data shows that the number of active Bitcoin addresses reached 1.1 million on February 10, an increase of 10% from the previous day, indicating an increase in market participation.
According to the whale transaction data on the Ethereum mainnet compiled by BlockBeats, during the period from February 3 to February 10, whales made a large number of buy orders for multiple tokens. These data indicate that despite the overall market volatility, whales are still actively positioning in specific tokens, which may signal their confidence in these projects or their expectations for the future market trend.
Now let's move on to the data section:
LINK
From February 3 to February 10, whales made a total of 54 LINK transactions, buying 863,514.40 LINK, worth about $16,467,219.70.
AAVE
Whales made a total of 25 AAVE transactions, buying 35,186.39 AAVE, worth about $9,048,530.84.
UNI
Whales made a total of 17 UNI transactions, buying 652,881.37 UNI, worth about $6,287,247.55.
FRAX
Whales made a total of 11 FRAX transactions, buying 4,877,239.26 FRAX, worth about $4,863,846.36.
ONDO
Whales made a total of 11 ONDO transactions, buying 2,750,379.09 ONDO, worth about $3,740,515.56.
PEPE
Whales made a total of 11 PEPE transactions, buying 291,082,594,431.00 PEPE, worth about $2,835,144.47.
MKR
Whales made a total of 6 MKR transactions, buying 2,256.28 MKR, worth about $2,221,806.32.
BOLD
Whales made a total of 5 BOLD transactions, buying 1,875,788.76 BOLD, worth about $1,868,499.44.
SPX
Whales made a total of 5 SPX transactions, buying 2,027,324.54 SPX, worth about $1,404,767.64.
TEST
Whales made a total of 5 TEST transactions, buying 101,170,791.39 TEST, worth about $1,833,703.39.
ENA
Whales made a total of 4 ENA transactions, buying 2,636,180.55 ENA, worth about $1,263,595.15.
LDO
Whales made a total of 4 LDO transactions, buying 655,555.74 LDO, worth about $1,088,222.53.
OHM
Whales made a total of 4 OHM transactions, buying 47,933.29 OHM, worth about $1,205,042.82.
USUAL
Whales made a total of 4 USUAL transactions, buying 4,577,720.32 USUAL, worth about $1,174,272.24.
SKY
Whales made a total of 3 SKY transactions, buying 21,024,690.32 SKY, worth about $863,858.69.
GHO
Whales made a total of 2 GHO transactions, buying 684,181.06 GHO, worth about $684,181.06.
Other tokens
In addition to the above projects, whales also bought DINERO, DOGE, DSync, EIGEN, INST, OETH, PAXG, PEPU, PRIME, USR, WING, ZCHF, each with only one transaction.
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