Prominent cryptocurrency whales have been actively involved in trading significant amounts of altcoins during the recent quiet period.
One noteworthy transaction involves MakerDAO’s Multisig wallet, which deposited 421.98 MKR (equivalent to $1.28 million) into Wintermute Trading OTC. This deposit is part of a larger series of transactions totaling MKR 3 thousand ($9.08 million) deposited to various exchanges in the past six days. It is interesting to note that this entity had withdrawn 20 MKR from Coinbase Prime three months prior and currently holds a substantial amount of MKR, totaling 21.93 thousand worth $66.36 million.
In a separate notable move, a whale with the short wallet address 0x2ea acquired 299.99 thousand USDC and 250.19 thousand RBN at an average price of $1.19. Over the course of the last six days, this whale purchased a total of 1.44 million RBN worth $1.7 million at an average price of $1.17. Additionally, this whale had previously sent 932,930 RBN to the Aevo Staking wallet a month ago and now holds RBN 2.83 million, valued at $3.35 million.
Another whale address, 0x5f1, deposited 1.5 million ONDO (equivalent to $1.26 million) into the Bybit deposit account. This whale has transferred a total of 17 million ONDO ($14.32 million) to Bybit through 11 transactions within the last five days. Currently, they hold 1 million ONDO worth $842.49 thousand.
Please note that this information is for informational purposes only and should not be considered as investment advice. Investors should conduct their own research before making any financial decisions.
