Whales Are Highly Active Today: Here Are Their Transactions and the Altcoins They Are Focusing On

According to cryptocurrency onchain data, major crypto whales and organizations have made notable transactions in recent hours. According to the data, a crypto whale deposited 3,000 Ethereum (ETH) worth $7.53 million on Binance. The whale moved 10,000 ETH worth $24.55 million to the exchange in the last two weeks. The whale wallet had accumulated 13,478 ETH worth $49 million between December 6, 2024 and January 14, 2025, and currently holds 3,478 ETH worth $8.78 million. According to the data, the whale is facing a total loss of $15.66 million. Related News: FED Member Goolsbee Makes Surprising Statements – Speaks Positively About Interest Rate Cuts Digital asset finance company Abraxas Capital, on the other hand, had opened a short position between two wallets in total in Bitcoin, Ethereum, Solana, Hyperliquid and Sui altcoins, according to public onchain data, and at the time of writing this article, it made a profit of $34 million in these positions. In other altcoin data, a newly created multisig whale wallet was seen recently withdrawing 14.57 million Ethena (ENA) worth a total of $4.41 million via Binance and Bybit. In addition to all this, popular whale trader James Wynn, who recently announced that he was exiting the futures market completely, opened another $100 million position for Bitcoin with 40x leverage, according to the data. *This is not investment advice. Continue Reading: Whales Are Highly Active Today: Here Are Their Transactions and the Altcoins They Are Focusing On

Source: BitcoinSistemi