A rich investor who made hundreds of thousands buying and selling Bonk (BONK) is instantly bullish once more on the Dogecoin (DOGE) rival, based on on-chain information.
Blockchain monitoring agency Lookonchain studies {that a} worthwhile BONK dealer simply bought greater than three billion BONK.
“This sensible dealer who made ~$6.9 million on BONK spent 386 SOL ($40,000) to purchase 3.29 billion BONK once more [on Tuesday]!
He accrued 371.4B BONK in 9 months at a price of solely 6,998 SOL ($276,000) and offered half of the BONK through 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 seen whales making huge Wrapped Bitcoin (WBTC) strikes.
The analytics agency studies that one whale offered off their WBTC holdings as the value instantly 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 instantly accrued practically 400 WBTC, based on 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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