Over on the Bitcoin [$BTC] side, one whale’s been buying. The dip hasn’t scared them off one bit.
According to Lookonchain, the wallet bc1qdp bought 536.93 $BTC worth about $45.28 million. That comes down to $84,300 per coin.
Over the past 20 days, the same whale has stacked 2,460 $BTC, worth around $194.3 million. Those were bought at an average price of $78,966.
The latest buy came in well above that average. That implies that the whale isn’t looking for a bargain, and is perfectly alright with wobbly price movements.
Says a lot about how Bitcoin’s next move is perceived.
Not everyone wants to buy though
One Ethereum [$ETH] holder went the other way.
OTC whale 0x8c58 sold 42,005 $ETH, worth about $111.89 million, during the market dip. That’s roughly $2,664 per coin. After the sale, the wallet has just 9,996 $ETH left.
Here’s what’s peculiar about this sale. The day before yesterday, this whale stashed about 4.5K $ETH. And they didn’t stop there, buying another 15K yesterday.
That’s 19,500 $ETH in two days, and they’ve now sold more than double that amount.
Final Summary
- A new crypto wallet bought $10.13 million in $UNI, $BNB and $LTC.
- A Bitcoin whale added $45.28 million in $BTC, and an Ethereum whale sold $111.89 million in $ETH.
