Crypto Whales Are Collecting Bitcoin and This Altcoin After the Crash!

Cryptocurrency whales are turning recent crises into opportunities.

There have been sharp declines in the cryptocurrency industry in recent days due to the Iran-Israel conflicts. While some crypto investors are selling, thinking that these declines will continue, others continue to buy.

When we look at the whales, called big crypto investors, we see that they are making purchases. Whales are collecting Bitcoin (BTC) and Ethereum (ETH) at falling prices.

Look On-Chain, a successful data provider, provided the following information about whales purchasing BTC and ETH:

“A whale spent 70 million USDC to buy 23,790 ETH averaging $2,942 at the bottom after Ethereum crashed.

This whale purchased 85,931 ETH (worth $278.5 million) from Binance and DEX last week at an average price of $3,241. “It currently holds $136 million worth of stablecoins and may acquire more ETH.”

“A different whale bought 598 BTC (worth $37.78 million) from Binance again after the market crashed.

“This whale also collected 10,158 BTC (worth $680.83 million) with an average of $67,026 in the downward trend it has entered since March 14.”

In the coming period, crypto whales are expected to continue purchasing crypto assets at cheap prices.

Stay tuned for updates.