Whale Alert For These 4 Altcoins: Sold On Binance!

There have been a few notable developments in the cryptocurrency world lately. Here are a few altcoin whale alerts that stood out on April 21…

Leading altcoin ETH transferred to Binance

First, the Whale Alert platform reported that 34,043 ETH (approximately $65.75 million) was transferred to Binance from an address starting with 0x82886 at 2:18 PM. This is a significant amount of money and it is not entirely clear who made the transfer or why he chose to do so. That said, it’s worth checking out this address to see if there’s any other activity in the coming days.

stETH converted to USDT

Second, Spot On Chain platform reported that a giant whale address starting with 0x655 has converted 12,746 stETH to 24.69 million USDT in the last ten hours. This address is interesting because the average holding price for stETH was only $1,657, while the average selling price was $1,937. This means that the address earned a return of 16.9 percent from the sale of stETH. The address still holds more than 15,000 stETH.

SHIB whales take action

Third, despite the stagnant price of SHIB, cryptocurrency whales continue to buy massive amounts of this meme coin. More and more wallets are connecting to the Shibarium testnet for trading. Data obtained through Etherscan shows that two SHIB investors purchased a large amount of Shiba Inu in two transfers, for a total of 10,817,157,076 SHIB and 6,782,260,080 meme coins. These Shiba Inu sales were bought as the price of the asset has lost just under 2 percent over the past 24 hours. Overall, the top 100 whales on the Ethereum chain currently hold slightly more than $601.2 million in SHIB, which makes up about 12 percent of their total portfolios.

Bear and bull balance is achieved for altcoin ADA

Finally, according to crypto intelligence portal IntoTheBlock, major sellers sold 20.38 billion ADA during yesterday’s major market correction, while equally large buyers bought 20.37 billion Cardano tokens. This shows that the balance of power between bulls and bears has remained relatively even in the Cardano market over the past year. Although the price of ADA has only regained a third of its bearish peak yesterday, it is still above a key price support level of around $0.4 per ADA. As long as it stays above this level, its current move could be considered a bullish test and pave the way for the Cardano token to rise to another valuable mark of $0.6 per ADA.

As a result, the cryptocurrency market is always full of surprises and unexpected moves. As we reported as Kriptokoin.com, these four coin movements show that there is still a lot of activity in the market where large transactions and trades take place regularly. Investors and traders try to stay up to date on the latest news and trends to make informed decisions and capitalize on potential opportunities.