Whales Selling BAD and ETH Are Stacking These 5 Altcoins!

The moves made by whales selling BAD and ETH are a matter of curiosity. It is a matter of curiosity, which altcoins they will turn to, especially after the sale. Let’s look at the details.

BAD whale playing big

According to data from Lookonchain, wallet “0x6745” makes moves in BAD within 15 minutes of launch. Accordingly, he spent 7.4 ETH to purchase 1.395 trillion BAD over three addresses.

He then sold BAD 1.92 trillion to acquire 225 ETH (worth $414,000). Currently, the whale holds $19 million worth of BAD in seven wallets. The $19 million BAD accounts for 14.5% of the total supply.

BAD-selling whales turn to altcoin ARB

According to Lookonchain, a whale selling BAD has purchased millions of dollars’ worth of ARBs in the past two days. ARB is trading at $1.14 at the time of writing, after its price dropped 1.72% last trading day. There is a medium-term bearish technical flag on ARB’s daily chart.

A whale has been stuffing its pockets with Arbitrum (ARB) lately. According to a Twitter post shared by on-chain analytics platform Lookonchain, a whale spent about $1.47 million worth of 800 Ethereum (ETH) to purchase 1.27 million ARBs in the past two days. Cryptocurrency was changing hands at $1.16 when purchased.

BAD whale gets Shiba Inu

According to data provided by the Etherscan tracker, whales have managed to transfer 44 billion SHIB in the last 60 minutes. These billions of Shiba Inu were driven by 12 transactions, each carrying between one billion and eight billion SHIBs. As BAD whales buy and sell these SHIBs, most of these meme coins have either been withdrawn from major exchanges or moved from anonymous addresses to their wallets.

43.9 billion SHIB in action. Etherscan data shows that five billion Shiba Inu were moved to a Crypto.com wallet in two transactions. It also shows that 3.4 billion SHIB went to a Binance-linked wallet. However, many more SHIBs were withdrawn from exchanges such as OKX, Coinbase, and Binance. Anonymous wallets have transferred 3.3 billion SHIB from OKX, according to Etherscan data. It also moved 2.8 billion from Coinbase. BAD whales pulled 12.4 billion SHIB from Binance exchange in large chunks. The rest of the 44 billion SHIB mentioned above were transferred between unknown wallets.

LINK is targeted by whales

Analyst Ali Martinez recently shared his thoughts on the price trajectory of LINK, the oracle network Chainlink’s cryptocurrency. He wrote on ‘X’ (formerly Twitter) that Chainlink has seen support between $6.63 and $6.88.

On the other hand, he emphasized that 29,000 addresses purchased 295 million LINK for over 2 billion dollars. Whales keen to stock LINK seem to have realized the power of Chainlink by purchasing over $90 million in assets when we look at cryptokoin.com.

EETH whales collect BITCOIN and UNIBOT

It wasn’t just BAD whales that made the move. Whales are also collecting UNIBOT with a meme coin, BITCOIN. Lookonchain data shows us interesting results at this point. Accordingly, three ETH whales are making important moves.

Accordingly, they spent $1.3 million worth of ETH to purchase 6,528 UNIBOTs. Also, another whale spent 632 ETH to become 8.43 million BITCOIN.