Altcoins
Whales accumulate Chainlink, Pepe and three other Altcoins from Binance: Lookonchain
Whales reportedly had a field day this weekend, gobbling up millions of dollars in digital assets from crypto exchange Binance.
Blockchain tracking company Lookonchain claims that on Saturday, crypto whales withdrew stacks of the Chainlink decentralized oracle project (LINK), Pepe meme token (PEPE), decentralized exchange Uniswap (United), Stablecoin governance token creator (MKR) and the Ethereum Name Service domain name system (ENS) on the world’s largest crypto exchange by volume.
“The whales have accumulated PEPE, LINK, UNI, MKR and ENS…
0x1A2E withdrew 322.48 billion PEPE ($2.78 million) from Binance [on May 4th].
aavebank.eth withdrew 500,000 UNI ($3.75 million), 183,799 LINK ($2.62 million), 171 MKR ($500,000), and 31,139 ENS ($483,000) from Binance [on May 4th].”
Additionally, Lookonchain find this web3 investment company DWF Labs transferred $2 million of stablecoin USDC towards a secure multi-sig wallet which already contains 10 million Polygon (MATIC) tokens.
Late last month, Lookonchain discovered that two whitelisted wallets printed staggering 30,080x gains on Base-built meme asset, Ethereum from Coinbase (ETH) layer 2 scaling solution.
Whitelisted crypto wallets are addresses that have been approved to participate in specific crypto events, such as initial coin offerings (ICOs).
The blockchain tracking company noted that wallets spent 0.034 ETH worth $102 to purchase a total of 172.56 million BRETT (BRETT) in February. They then sold BRETT for 890.65 ETH worth $3.14 million for massive gains.
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Featured image: Shutterstock/Stavtceva Iana