Whales Got Active After FED: They Purchased $135 Million in Bitcoin and $840 Million in Ethereum!

Bitcoin from USA CPI data and FED While it exhibited very volatile movements with the interest rate decision, BTC After positive CPI data, it approached 70,000 dollars.

However, after the FED decision and the statements of its chairman Jerome Poell, BTC fell again to $ 67,000.

Whales Collect Bitcoin (BTC)!

While Bitcoin exhibited volatile movements, whales did not remain idle. At this point, whales turned the decline into an opportunity and started buying BTC after the FED announced the amount.

According to Lookonchian’s post, 2 new whale wallets purchased 2 thousand BTC worth $ 135 million from Binance.

Whales are buying $BTC!

2 fresh wallets withdrew 2K $BTC($135M) from #Binance in the past 20 minutes.

Address:
32a7u8tM45GPSdjzy7PbRvuncEvHFxnYR4
3D3a4fPJ5HKw43Qd6QHtoJ6RvMUL7UBDT5 pic.twitter.com/CJ827vIBK5

— Lookonchain (@lookonchain) June 13, 2024

Ethereum (ETH) Purchases Increased!

Whales taking advantage of the fall again Ethereum also bought it. According to popular analyst Ali Martinez’s post, whales More than 240 thousand units worth 840 million dollars ETH took.

It is considered that these large purchases include rising expectations for the ETH price in response to the SEC’s approval of spot Ethereum ETFs and the ETFs’ start of trading in June-July.

Giant Whale Made Large Sales in 5 Altcoins!

Finally the giant altcoin whale also made large sales. Evaluating the rise following positive CPI data, the giant whale said: $8.38 million altcoin sales made.

According to Spot on Chain’s post, The smart whale, which made a profit of $11.4 million on PEPE and UNI investments, sold in Arbitrum (ARB), AAVE, Polygon (MATIC), XVS and BLUR.

“A smart whale deposited $8.38 million in five altcoins on Binance at local tops:

40 thousand AAVE worth $3.65 million
265 thousand XVS worth $ 2.47 million
2.68 million MATIC worth $1.73 million
799 thousand BLUR worth 287 thousand dollars
246k ARB worth $240k

Previously, this trader made a profit of $11.4 million on PEPE and UNI.”

10hrs ago, a smart trader deposited $8.38M in 5 tokens to #Binance at local peaks, including:
• 40K $GHOST ($3.65M)
• 265K $XVS ($2.47M)
• 2.68M $MATIC ($1.73M)
• 799K $BLUR ($287K)
• 246K $ARB ($240K)

Previously, this trader has made $11.4M profit from $PEPE and $UNI 👇.… https://t.co/t8q8DY0UaH pic.twitter.com/8X4zjO4cJB

— Spot On Chain (@spotonchain) June 13, 2024

*This is not investment advice.