Mysterious Fresh Cryptocurrency Whale Withdraws 14 Altcoins Worth A Total Of $120 Million From Binance

According to an analysis shared by cryptocurrency analysis company Lookonchain, an unknown cryptocurrency whale has recently purchased over $120 million worth of altcoins.

The whale's purchases and their respective amounts include:

• 40.7 million USDT
• 9,425 ETH ($30.15 million)
• 957.77 billion PEPE ($9.84 million)
• 583.78 billion SHIB ($9.68 million)
• 16,192 BNB ($9 million)
• 58.15 million DOGE ($6.95 million)
• 438,721 RNDR ($3.17 million)
• 5.18 million MATIC ($2.81 million)
• 3 million FTM ($1.59 million)
• 9.49 billion FLOKI ($1.56 million)
• 104,128 LINK ($1.5 million)
• 840,776 FETs ($1.06 million)
• 39,141 AVAX ($1.05 million)
• 2.76 million GRT ($556 thousand)

Despite these purchases, the altcoins have not experienced a significant increase in value. In the past 24 hours, all altcoins among the top 100 cryptocurrencies, except ZK and WLD, have declined in value.

Bitcoin, the world's largest cryptocurrency, has also dropped approximately 3.5% during the same period.

The total market capitalization of the cryptocurrency industry has decreased by 3.53% today, reaching $2.22 trillion.

*This information is not intended to be investment advice.