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Home ยป Whale Makes Huge Profit from Single Altcoin Swaps It for Two Distinct Altcoins Instead
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Whale Makes Huge Profit from Single Altcoin Swaps It for Two Distinct Altcoins Instead

By adminOct. 21, 2024No Comments2 Mins Read
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Whale Makes Huge Profit from Single Altcoin Swaps It for Two Distinct Altcoins Instead
Whale Makes Huge Profit from Single Altcoin Swaps It for Two Distinct Altcoins Instead
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Massive Crypto Whale Trades Altcoin for Two Different Cryptocurrencies

New data from Lookonchain reveals that a significant crypto whale has made a surprising move in the altcoin market. The whale sold 7,220 Aave (AAVE) tokens, earning a profit of $1.1 million, and instead purchased Uniswap (UNI) and dYdX (DYDX) tokens.

Currently, the whale holds 10,000 AAVE tokens valued at $1.53 million in their wallet. In total, their earnings from these tokens amount to $883,000. However, their UNI holdings, which are worth $4.12 million, have experienced a loss of $34,000. The biggest loss was seen in DYDX, with the whale’s wallet holding $803,000 worth of tokens and experiencing a loss of $834,000.

In addition to this whale, another crypto investor also made a significant transaction. This investor, who already had $390 million in assets, added $21.77 million worth of Ethereum to their wallet through Binance.

Please note that this information is not investment advice. For access to over 300 cryptocurrencies, you can register with Binance exchange and receive a 20% commission discount. Stay updated with exclusive news, analytics, and on-chain data by following our Telegram and Twitter accounts.

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