A Big Whale Purchased a Total of $75 Million Worth of 8 Different Altcoins
On-chain data in the cryptocurrency market revealed remarkable movements made by the 0x08337 short address, which is linked to the famous investor Jez San.
The address recently withdrew over $75 million worth of altcoins from multiple exchanges. This level of accumulation suggests the investor has taken a strong position regarding the market's medium- to long-term outlook.
According to Onchain records, the assets withdrawn by the address from exchanges in recent days are as follows: $22 million worth of LINK, $18 million worth of ETH, $11 million worth of ENA, $6 million worth of AAVE, $3.75 million worth of ONDO, $3.5 million worth of PENDLE, $3.3 million worth of UNI, and $1.3 million worth of ARB.
The address's current portfolio size stands at $74.67 million. Chainlink, with 1.618 million LINK and approximately $22 million, accounts for the largest share of the portfolio. This is followed by 6,050 ETH with $18.32 million, 43.53 million ENA with $11.26 million, 32,900 AAVE with $6.05 million, and 8.08 million ONDO with $3.73 million. Other altcoins such as PENDLE, UNI, ARB, SKY, OP, AERO, VIRTUAL, ENS, CRV, and LDO comprise smaller but diversifying components of the portfolio.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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