Whale Activity Surges: Lookonchain Reveals Acquisition of $187 Million in Bitcoin and Altcoins from Binance Within Three Days

A crypto whale is making waves with an extensive buying spree, amassing over $180 million in digital assets within a mere three days. 

Lookonchain, a blockchain-tracking service, unveils the staggering acquisition by the deep-pocketed investor, totaling approximately $187 million. The diverse portfolio includes Bitcoin (BTC), Binance Coin (BNB), Ethereum (ETH), Solana (SOL), Shiba Inu (SHIB), IOST, MATIC, and CHZ. Notably, Lookonchain points out that the same whale had initiated these wallets in June, withdrawing a substantial amount from the Binance exchange at that time. 

Additionally, the on-chain tracking service highlights a significant influx of USDT stablecoin, with 5 billion USDT minted on Tron and Ethereum in November. The tracking reveals detailed movements, including a transfer of 1.5 billion USDT from Tether Treasury to the exchange via the Ethereum whale ‘0x1dBb.’

Clever Robot News Desk 4th December 2023

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