Sunday, December 8, 2024
HomeCryptocurrencyTrump's victory set the whales in motion.

Trump’s victory set the whales in motion.

to stay On Google News Follow up.

Donald Trump’s march to victory had an immediate impact on cryptocurrencies. As the price of bitcoin rose above $75,000, whales also took action.

According to information provided by on-chain tracking platform Lookonchain, 11 newly opened wallets received 1807 BTC from the Binance exchange. It is also worth noting that all these purchases were made within a period of 1 hour.

Another whale took out a $27 million loan through AAVE. This wheel also bought 366 WBTC for an average of $13,708.

Attack on PEPE, one of the stars of 2024

On the other hand, some wheels turned to PEPE, which saw a significant increase in 2024. Again, within a 1-hour period, 3 whales made PEPE purchases totaling over $7.5 million through the Binance and Gate.io exchanges.

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