Crypto Whales Are Collecting Bitcoin and These 2 Memecoins!
Interest in Memecoins never ends.
Whales, the largest investors in the cryptocurrency industry, can affect the price of crypto assets with the decisions they make. While the altcoins purchased by whales are experiencing significant increases, the products they sell are experiencing significant declines.
Look On-Chain, a successful data provider, detected that crypto whales were accumulating Bitcoin and some memecoins and conveyed the following information on the subject via the X/Twitter account:
“2 wallets (may belong to the same whale) withdrew 1,210 BTC (worth $86.81 million) from Binance 2 hours ago.
9 wallets (2 whales) spent $35.2 million to purchase a total of 1.356T SHIBs averaging $0.00002596 in the last 12 hours.
A different crypto whale spent 31,052 SOLs ($5.2M worth) to purchase 29.25B BEER averaging $0.0001784 since May 25.”
Memecoins like the leading cryptocurrency Bitcoin (BTC) seem to continue to be the stars of this crypto bull season.
