What the Massive Altcoin Whales Did While Bitcoin (BTC) and the Market Were in a Downturn! Here's Their Latest Transactions!

Bitcoin (BTC) and altcoins continued to decline in the last 24 hours after a volatile weekend.

While the leading cryptocurrency Bitcoin fell below $ 115,000, Ethereum (ETH) fell to $ 4,300 levels.

As volatility in Bitcoin and altcoins continues, whales have taken different actions.

While some whales sold on the dip, others accumulated at lower levels.

According to Lookonchain’s post, swing trading OTC whale 0xd8d0 purchased 10,000 ETH worth $43.43 million and 350 BTC worth $40.53 million during the drop.

Again, 2 newly created wallets withdrew 25,684 ETH worth $114.3 million from FalconX hours ago.

According to Onchain Lens data, another crypto whale withdrew 1.72 million USDC from Binance and used the funds to purchase 1.79 million Fartccoin (FARTCOIN).

According to EmberCN data, the Sky Protocol co-founder bought back 16.38 million SKY using 1.77 million ENA.

Since early June, it has repurchased 122 million SKY at an average price of $0.0836, for a total value of $10.21 million, using proceeds from SKY (USDS and CMB) staking and today's ENA.

According to Onchain Lens data, a crypto whale sold ETH it had been holding for two years. In the last 24 hours, the whale deposited 3,492 ETH, worth $15.57 million, into his Binance account, generating a profit of $17.37 million.

“Whale withdrew 5,800 ETH from Binance 2 years ago. Whale still holds 2,650 ETH worth $12 million.”