🚨🚨🐳Giant whale shook the crypto market: Billions of dollars entered the market!
The crypto move that drew attention from the giant whale
According to the on-chain research of Lookonchain, a huge whale wallet has brought 3.22 billion USDT into the market since October 20, 2023. In addition, the whale has invested 148.5 million on the stock exchanges in the last 26 hours.
The cryptocurrency market has started to rise with the creation of the spot Bitcoin ETF agenda in September 2023. Since then, there has been a data that attracts attention in the market, which has continued to rise. A huge whale has started injecting cash into the crypto market with the launch of the spot Bitcoin ETF agenda. The whale brought USDT 3.22 billion to the market in a period of about four months. It is estimated that the whale made transactions on Bitcoin and #Ethereum with this cash. Another opinion is that the whale is a market maker.
This whale wallet, which crypto investors call The Injector, continues to transfer USDT to the market. Whale has moved 148.5 million USDT that it has withdrawn from Tether reserves to the stock exchanges in the last 26 hours.
Whale first injected 40 million USDT into the markets on October 20, 2023. On this date, the #BTC price corresponded to 28 thousand dollars. November Decembers accelerated the cash injection between November and December, when the spot ETF agenda was exacerbated, Whale said. During this date December, the whale entered approximately 1.5 billion USDT into the markets with 6 different transfers.
The whale, which has been silent since January, recently broke its silence with the transfer of 148.5 million USDT. The fact that the whale injected USDT into the markets again after a month's Deceleration excited investors.
#WhaleAlert #Write2Earn #binance