Tag: whale

Ether whale dumps $41M days before the market crashed

coiner

A crypto whale holding massive amounts of Ether (ETH) sold $41 million worth of the asset a few days before the market crashed, avoiding a potential $5-million loss.  The trade was flagged by the blockchain analysis platform Lookonchain, which follows and shares what it considers to be smart trades. On Aug. 18, the crypto whale deposited 22,341 ETH on the Binance exchange and withdrew around $41 million in Tether (USDT). List of transactions that the crypto whale made before the crash. Source: Etherscan While the crypto whale lost around $1.7…

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Pepe’s sudden drop leaves whale 500k in the red

coiner

The price of new memecoin Pepe (PEPE) has plunged more than 42% only days after reaching its all-time high on May 6, leaving at least one investor with hundreds of thousands in paper losses.  According to blockchain analytics service Lookonchain, one crypto “whale” purchased 962.3 billion Pepe tokens using 70 Wrapped Bitcoin (WBTC) and 470 Ether (ETH) for an average price of $0.000003122 on May 5. PEPE has, however, fallen 42% from its all-time high since then, according to CoinGecko. The crypto investor’s PEPE holdings are now estimated to be worth…

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