Whales buy millions of dollars in Bitcoin and 2 altcoins

While the Fed's continued hold on interest rates again and developments in the Middle East caused Bitcoin to drop to $63,500 overnight, whale buying activity over the past 48 hours has gone unnoticed. It was found that Bitcoin and two altcoins dominated the purchasing activity.

Bitcoin, which had plummeted again despite exceeding $70k at the start of the week, fell to $63,500, while several whales also traded on-chain. According to information released by Lookonchain, whales are focused on buying Bitcoin, AAVE and CRV.

Buy $400 million worth of Bitcoin

First of all, the platform provided detailed information about whale Bitcoin buying activity over the past 2 days. It is claimed that Bitcoin whales received 5800 BTC worth $370 million via the Binance exchange in the last 48 hours.

Buy AAVE and CRV from 4 whales

Recently, it has been seen that DeFi altcoins, in particular, are also targeted by whales. Below are 4 separate whales that bought AAVE and CRV yesterday.

The winner of these whales purchased 12.5 million CRV from Binance and OKX exchanges worth a total of $3 million.

The remaining 3 whales are focused on buying AAVE. All purchases are made from the Binance exchange.

Whale 0x9af4 11,185 pieces worth $1 million,

0x790c whale 21,619 pieces worth $2 million,

Whale 0xd7c5 also made 26k AAVE purchases worth $2 million.

In addition to $AAVE and $CRV ; Tokens like UNI, ENS, LINK are also within the buying range of whales.

This is not investment advice, this is useful information