Whale Accumulates Over $178,900,000 in Ethereum (ETH) in Less Than Two Weeks: Lookonchain

An unknown cryptocurrency whale has amassed over 64,000 Ethereum (ETH) in simply 11 days, in keeping with on-chain information.

Blockchain-tracking service Lookonchain notes that since February eighth, an nameless whale has acquired 64,346 ETH value $178.9 million from each centralized and decentralized crypto exchanges.

Blockchain explorer Etherscan shows that the whale initially collected 1,100 ETH on February eighth, previous to adding 9,959 ETH value $24.67 million from high crypto change Binance a couple of days later.

The deep-pocketed investor subsequently spent $60 million value of the dollar-pegged stablecoin USDT to amass 21,353 ETH at $2,810. After the massive buy, Lookonchain says the whale withdrew 10,649 ETH value $30.68 million from Binance.

Yesterday, the crypto whale added to their already massive Ethereum stack by withdrawing 11,587 ETH value $33.5 million from Binance.

Supply: Lookonchain/X

Ethereum is buying and selling at $2,920 at time of writing.

Per crypto analytics platform Arkham Intelligence, the whale at present holds a complete of 74,383 ETH value $217.57 million. The whale additionally holds 5,491 Staked Ethereum (STETH) value $16.02 million on the decentralized finance protocol Lido (LDO).

As well as, the investor with deep pockets owns roughly $29.9 million value of USDT. The entire worth of the crypto property in the whale’s pockets on the time of writing is a bit over $263 million.

In the meantime, Lookonchain finds {that a} completely different whale has unloaded a big amount of the native token of the decentralized video streaming community Livepeer (LPT).

“With the price of LPT hitting highs, the whale deposited all 148,215 LPT ($2.96 million) to Binance to sell for profit.”

Supply: Lookonchain/X

The whale had earlier offered a few of its LPT on the MEXC crypto change whereas withdrawing a portion.

“A whale offered 35,000 LPT ($630,000) on MEXC for revenue.

This whale deposited 100,000 LPT to MEXC and subsequently withdrew 65,000 LPT, presumably promoting 35,000 LPT.

The whale [held] 212,371 LPT ($3.93 million), and the overall revenue on LPT exceeds $3.5 million.”

Supply: Lookonchain/X

LPT is buying and selling at $16.19 at time of writing.

Do not Miss a Beat – Subscribe to get electronic mail alerts delivered on to your inbox

Verify Worth Motion

Observe us on Twitter, Facebook and Telegram

Surf The Day by day Hodl Combine

Verify Newest Information Headlines


Disclaimer: Opinions expressed at The Day by day Hodl usually are not funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your personal threat, and any loses chances are you’ll incur are your duty. The Day by day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Day by day Hodl an funding advisor. Please observe that The Day by day Hodl participates in affiliate marketing online.

Generated Picture: DALLE3

DailyBlockchain.News Admin

Our Mission is to bridge the knowledge gap and foster an informed blockchain community by presenting clear, concise, and reliable information every single day. Join us on this exciting journey into the future of finance, technology, and beyond. Whether you’re a blockchain novice or an enthusiast, is here for you.
Back to top button