On Wednesday, a data analytics platform identified a series of big whale transactions, indicating some of the highest activity seen for altcoins in the past three months.
What Happened: According to Santiment, "It isn’t just Bitcoin BTC/USD holders who are polarizing now that $30k has been crossed."
A whale moved $27.9 million worth of Apecoin APE/USD making it the biggest altcoin move from exchange to exchange, in the last three months.
See More: Top Indian Apps That Give Bitcoin, NFT Rewards
Aave AAVE/USD ranked third among the altcoins with a whale transferring $21.4 million. This was an exchange-to-exchange move as well, whereas Lido Dao LDO/USD stood in seventh place with a transaction of $15.6 million between non-exchange to non-exchange addresses.
The combined whale activity of the three altcoins comes to $64.9 million.
Price Action: At the time of writing, BTC was trading at $30,106.61, up 0.52% in the last 24 hours, according to Benzinga Pro.
Read More: Ethereum’s Shapella Upgrade Pushes It Higher, Bitcoin, Dogecoin Decline: Analyst Predicts 47% Rally For This Altcoin
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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