Whale activity attracted attention in the cryptocurrency market today.
A mysterious investor has made headlines with a purchase of 24 million ASTER ($46.56 million). According to on-chain data, whale wallet 0xFB3B deposited approximately 73.95 million USDT to the Gate.io exchange 19 hours ago and attracted attention by withdrawing 24 million ASTER an hour earlier.
Another whale wallet, 0x8bcd, also spent 1.18 million USDT in a single transaction, purchasing 595,580 ASTER at an average price of $1.99.
Alongside individual purchases, well-known names were also active in the market. BitMEX co-founder Arthur Hayes stood out with his purchase of 1,630 AAVE ($442,000).
Meanwhile, losses were experienced on the PUMP side. Whale wallet BV2gzZ closed out his position by selling 307.27 million PUMP ($1.73 million) at an average price of $0.00564. However, this sale resulted in a loss of approximately $582,000. The PUMP tokens in question had been purchased nine days earlier for $2.31 million at an average price of $0.00753.
A different picture emerged on the AVAX front. Wallet address 0xb2ca opened a 5x leveraged long position for 514,906 AVAX ($17.2 million) nine hours ago. The whale has now made $1.1 million in unrealized profits.
*This is not investment advice.
