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Home»Altcoins»Sold All of His Altcoin Holdings on Coinbase
Altcoins

Sold All of His Altcoin Holdings on Coinbase

NBTCBy NBTC03/03/2024No Comments2 Mins Read
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The cryptocurrency community witnessed a whale transaction involving the whale with short address 0xb7f depositing all 619.86 million JASMY tokens (equivalent to $3.63 million) to Coinbase.

The deposit was made at a price of $0.0059 per token. At the time of writing this article, JASMY price is trading at $0.005793.

This particular whale had previously purchased JASMY tokens between July 15 and October 26, 2022, and again on January 9, 2023, at an average price of $0.00591. After patiently holding these tokens for 2 years, Whale finally decided to break this agreement.

Meanwhile, the JASMY token gained a remarkable 11.93% at its peak in the last 24 hours but has since retreated.

A second cryptocurrency whale, short address 0x2a2, pulled 10,244 INJ altcoins worth $357,000 from cryptocurrency exchange Coinbase. Whale made the withdrawal when the INJ price was $34.8. At the time of writing this article, it is trading at $35.

The total amount of INJ withdrawn from this wallet to date is 100,386 tokens, and the average price withdrawn since January 31, 2024 is $34.82. Impressively, in the last 16 hours alone the amount of tokens withdrawn by the whale was 60,394 INJ ($2.04 million).

As of now, the wallet still holds its entire stash of 100,386 INJ worth $3.5 million. INJ price has increased by 3% in the last 24 hours.

*This is not investment advice.

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NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

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