Cryptocurrency whales have been spotted active in recent hours. So, which altcoins are they interested in?
Whales in the cryptocurrency market attracted attention with their intense transaction traffic in recent hours.
A newly created wallet gave the first signal by withdrawing 1.88 million units of SPX (approximately $3.73 million) from the Bybit exchange.
Following this move, another large whale opened positions by depositing a total of $5.56 million in USDC onto the HyperLiquid platform. The whale in question went long on BNB with 3x leverage and shorted SOL and ZORA with 20x and 3x leverage, respectively.
Another whale deposited $11.37 million in USDC on the same platform, opening a 2x long position for XRP and SOL; he also executed a smaller 2x long trade for BONK.
Another interesting move came from a FARTCOIN whale, who sold his 1.71 million FARTCOINs (approximately $2.28 million) for 790.41 million PUMP tokens.
Meanwhile, a new wallet received 38,603 ETH (approximately $147.7 million). This wallet was identified as coming from an address that previously sent ETH to SharpLink Gaming. Two days earlier, SharpLink Gaming reportedly received $145 million worth of USDC from Circle and transferred this amount to various centralized exchanges via Galaxy.
