Millionaire Investor Expects Rise in Four Altcoin Prices

A millionaire cryptocurrency investor expects the price of four altcoins to rise.

According to Etherscan data, a cryptocurrency whale withdrew millions of dollars' worth of altcoins from the Binance exchange today morning.

The coins purchased by the whale include 2.43 million Lido DAO (LDO), 500 Ethereum (ETH), 58.08 billion Shiba Inu (SHIB) and 102,884 PENDLE. At the time of the transaction, they were all valued at $9.8 million.

The fact that the altcoin whale is removing them from the exchange may mean that he is expecting a rise in prices.

According to CoinGecko data, LDO lost 6.5%, Ethereum lost 1.3% and PENDLE lost 1.4% in the last seven days. SHIB, one of the largest memecoins, gained more than 4% in value.