A Big Whale Purchased a Total of $75 Million Worth of 8 Different Altcoins

On-chain data in the cryptocurrency market revealed remarkable movements made by the 0x08337 short address, which is linked to the famous investor Jez San.

The address recently withdrew over $75 million worth of altcoins from multiple exchanges. This level of accumulation suggests the investor has taken a strong position regarding the market's medium- to long-term outlook.

According to Onchain records, the assets withdrawn by the address from exchanges in recent days are as follows: $22 million worth of LINK, $18 million worth of ETH, $11 million worth of ENA, $6 million worth of AAVE, $3.75 million worth of ONDO, $3.5 million worth of PENDLE, $3.3 million worth of UNI, and $1.3 million worth of ARB.

The address's current portfolio size stands at $74.67 million. Chainlink, with 1.618 million LINK and approximately $22 million, accounts for the largest share of the portfolio. This is followed by 6,050 ETH with $18.32 million, 43.53 million ENA with $11.26 million, 32,900 AAVE with $6.05 million, and 8.08 million ONDO with $3.73 million. Other altcoins such as PENDLE, UNI, ARB, SKY, OP, AERO, VIRTUAL, ENS, CRV, and LDO comprise smaller but diversifying components of the portfolio.

*This is not investment advice.

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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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