A rich investor who made tens of millions buying and selling Bonk (BONK) is all of the sudden bullish once more on the Dogecoin (DOGE) rival, in line with on-chain knowledge.
Blockchain monitoring agency Lookonchain reports {that a} worthwhile BONK dealer simply bought greater than three billion BONK.
“This good dealer who made ~$6.9 million on BONK spent 386 SOL ($40,000) to purchase 3.29 billion BONK once more [on Tuesday]!
He collected 371.4B BONK in 9 months at a value of solely 6,998 SOL ($276,000) and offered half of the BONK in the course of the BONK surge for 50,139 SOL ($5.2 million).”
Bonk is buying and selling for $0.0000138 at time of writing, up greater than 13% within the final 24 hours.
Lookonchain additionally noticed whales making large Wrapped Bitcoin (WBTC) strikes.
The analytics agency reviews that one whale offered off their WBTC holdings as the worth all of the sudden rallied, making greater than $5 million.
“A whale began promoting WBTC after the WBTC value elevated! The whale has offered a complete of 355 WBTC for 15.9 million USDT at $44,875 [this week], making ~$5.6 million!”
One other whale all of the sudden accumulated almost 400 WBTC, in line with Lookonchain.
“Somebody is shopping for WBTC on chain! A whale has spent 18.25 million USDC to purchase 391 WBTC [this week], with a median shopping for value of $46,689.”
Wrapped Bitcoin is buying and selling for $46,234 at time of writing, greater than 1% within the final 24 hours.
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