Cryptocurrency onchain data revealed that some crypto whales today moved some altcoins to centralized cryptocurrency exchanges, presumably for sale.
The first whale to be noticed, Pepe (PEPE) memecoin whale, moved 1 trillion PEPE tokens worth $11.65 million, which he had been holding for 21 days, to Binance.
This whale first withdrew 2.2 trillion PEPE tokens from Binance for $27.68 million 21 days ago. He currently holds 1.2 trillion PEPE tokens worth $14 million and has lost $1.95 million.
Onchain data also showed that four different crypto whale wallets, likely belonging to the same whale, moved 356,000 LINK tokens worth approximately $4 million to Binance in the past 24 hours. The whale purchased the LINK tokens on Kraken for $7.03. At current prices, the whale has a total profit of $2.43 million, with a profit margin of 97.3%.
Finally, a large Solana whale unstaking $7.52 million worth of SOL coins and transferred them to cryptocurrency exchange Binance. The whale currently holds $168 million worth of SOL staked.
*This is not investment advice.
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