Whales Trade Altcoins! Here are the details

Crypto analytics platform Lookonchain continues to monitor whales in the market. The movements of the whales are followed by traders and investors with interest as they have a serious impact on the respective altcoin prices. We also took a look at the altcoin trading activities that whales have been doing recently.

This whale made a good profit from the UNI trade!

As you follow on Kriptokoin.com, the market is foggy, but the whales are on the move. A whale transferred 467,825 UNI ($2.7 million) to Binance, according to the shares of analytics platform Lookonchain. Whale attracted 2.7 million USDT by selling UNI. Lookonchain states that the price of UNI, the management token of Uniswap, was $5.77 at the time of the transaction. It also reminds that the whale bought the same amount of UNI from Binance on June 26 at an average of $5.49. Thus, the whale made a profit of approximately 133,000 dollars from the UNI trade. In this context, Lookonchain shared the following:

A whale deposited 467,825 UNI ($2.7 million) on Binance. Then it pulled 2.7 million USDT 2 hours ago. The selling price is about $5.77. Whale purchased 467,825 UNI ($2.57 million) from Binance on June 26 at an average price of $5.49. Thus, his profit was approximately 133 thousand dollars.

PEPE whale continues to accumulate altcoins

Lookonchain shares that another whale is interested in the popular meme coin PEPE. He says this whale pulled PEPE from Binance today and sent it to his own wallet. During this period, the whale’s daily withdrawal amount reached 4 trillion PEPE. Lookonchain shared the following statement:

Whale has just withdrawn 2T PEPE ($2.66M) from Binance again. And it has withdrawn a total of 4T PEPE ($5.33M) from Binance in the last 24 hours.

This whale has disposed of its LINKs

Whales’ favorite LINK was also one of the traded altcoins. According to Lookonchain data, a whale named Chun pulled all of its liquidity of 200,000 LINK ($1.54 million) from Uniswap. Whale then sold LINK for 740 ETH ($1.38 million), or $155k. In this context, Lookonchain shared the following data:

Chun (satofishi) pulled all 200K LINK ($1.54M) from Uniswap 3 hours ago. He then traded all 200,000 LINK ($1.54 million) for 740 ETH ($1.38 million) and $155k. The average selling price of the whale was about $7.7.

Latest whale converts leading altcoin tokens to stETH

Finally, Lookonchain shared that another whale spent 5.17 million USDC to purchase stETH, the staking version of Ethereum. The monitoring source stated that the whale spent 5.17 million USDC to acquire 2,802 stETH. He also noted that the whale had previously traded 10 million USDC for 5,421 ETH. He stated that after that, the whale converted all ETH to stETH. Lookonchain shared the following:

A smart whale spent 5.17 million USDC buying 2,802 stETH at $1,844 an hour ago. Whale also exchanged 10 million USDC for 5,421 ETH an hour ago and then exchanged all ETH for stETH.