Trump's victory mobilizes whales: There are Bitcoin and meme coin purchases
According to the uncertain results in the USA, Donald Trump's declaration of victory also causes movement in cryptocurrencies. With the understanding that Trump will win the election, whales have started to collect Bitcoin and PEPE, which has shown a tremendous rise this year.
Donald Trump's march to victory also had an immediate effect on cryptocurrencies. While Bitcoin exceeded 75 thousand dollars, whales also took action.
According to the information given by the on-chain tracking platform Lookonchain, 11 newly opened wallets received 1807 BTCs from the Binance exchange. It was also noteworthy that all of these purchases came in a 1-hour time frame.
Another whale took out a 27 million dollar loan over AAVE. This whale also received 366 WBTCs with an average of 13,708 dollars.
Attack on PEPE, one of the stars of 2024
On the other hand, some whales turned to PEPE, which recorded a serious rise in 2024. Again, in 1 hour, 3 whales made PEPE purchases exceeding 7.5 million dollars on Binance and Gate.io exchanges.