According to cryptocurrency onchain data, a large crypto whale has purchased a large amount of altcoins in recent hours.
According to the data, the big whale caught on the onchain radar purchased $2.41 million worth of Maker (MKR), Pendle (PENDLE), and Hyperliquid (HYPE) altcoins.
This cryptocurrency whale, known with the short address 0xe86, purchased $1.21 million worth of MKR, $707 thousand worth of PENDLE, and $488 thousand worth of HYPE.
Remarkably, this giant whale sold his Chainlink (LINK) and Aave (AAVE) holdings to make his latest purchases and used the funds to purchase the three altcoins in question.
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While the altcoins sold by the whale, AAVE and LINK, are seen to have increased by modest amounts during the day, the increases in the altcoins purchased by the whale today are more intense.
According to the data, this crypto whale currently has $9.96 million worth of altcoins, $3.7 million of which are pending in the USDC stablecoin. Other major altcoin assets are MKR with $1.66 million, AAVE with $1.51 million, LINK with $1.2 million, and PENDLE with $735,000.
*This is not investment advice.
