Turned to Coinbase as Altcoin Price 2x: More May Come!
Cryptocurrency whales started selling profits after the recent rise in altcoins.
According to the data provided by the on-chain analysis platform Spot On Chain, 8 different cryptocurrency whales made millions of dollars in profit on Tellor Tributes (TRB).
The whales in question purchased 82,849 TRB at an average price of $80 through the cryptocurrency exchange Coinbase between March and May.
After waiting for about 2 months, these 8 wallets made almost 50% profit and started depositing assets to Coinbase for profit sales when the price reached 123 dollars.
The wallet that made the highest profit among the 8 whales in question managed to pocket 706 thousand dollars in a 2-month period. This whale bought TRB for an average of $57 and sold for $124.
According to CoinGecko data, TRB, which has increased by 54% in the last week, is traded at $ 141 at the time of writing.
Shares are for informational purposes only and are not investment advice.
Stay tuned for new information
