In recent hours, an increase in transaction volumes in the cryptocurrency market has been recorded from major investors. One of the crypto whales made several significant purchases, attracting interest to its actions.
Crypto Whale Trading Operations
According to reports, one crypto whale used $40.42 million worth of USDC to buy 715,917 tokens of HYPE for $29.47 million. The average purchase price was $41.16 per token.
Additionally, the same whale spent the remaining funds to acquire 7.6 million FARTCOIN at a cost of $8.78 million, with an average purchase price of $1.15.
Losses on Previous Transactions
This crypto whale had previously traded SOL, BTC, and ETH, resulting in a loss of $2.17 million. The whale exited these positions completely and now appears to have opted for purchases in HYPE and FARTCOIN.
Purchases by Another Crypto Whale
A whale wallet believed to be affiliated with Ethereum developer ConsenSys recently purchased 5,463 ETH worth $14 million through over-the-counter transactions. In total, this whale acquired 166,199 ETH worth $435 million in the last two weeks, with an average purchase price of $2,618.
Recent activities of large crypto investors indicate shifts in their investment preferences. Continuing to monitor their actions could provide valuable insights into potential market trends.
