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Crypto Whales Accumulate One Ethereum (ETH) Rival From Binance and Kraken: Lookonchain

by SB Crypto Guru News
October 29, 2024
in Altcoin
Reading Time: 2 mins read
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Crypto whales are accumulating tens of millions of dollars worth of one Ethereum (ETH) rival from two top exchanges, according to on-chain data.

Blockchain tracking firm Lookonchain reports that three deep-pocketed investors have suddenly accumulated nearly $35 million worth of Solana (SOL) from Binance and Kraken.

“Whales are accumulating SOL!

AA21…VxH9 withdrew 153,511 SOL ($26.4 million) from Binance in the past six days [from October 27th] and staked it.

EHax…gAUa withdrew 35,498 SOL ($6.12 million) from Binance and Kraken in the past three days [from October 27th] and staked it.

EGzi…mR7g withdrew 13,000.8 SOL ($2.3 million) from Binance [on October 27th] and currently holds 95,651 SOL ($16.83 million).”

Solana is trading for $180 at time of writing, up 2.63% in the last 24 hours.

Lookonchain also reports that new wallets have suddenly accumulated more than 13 million Neiro on ETH (NEIRO), dubbed by the project as “the official sister of DOGE,” from crypto exchanges OKX and Gate.io.

“Fresh wallets are accumulating NEIRO!

Wallet ‘0xec6b’ was created [October 26th] and withdrew 230.4 ETH ($575,000) from OKX to buy 8.23 million NEIRO.

Wallet ‘0xd753’ was created [October 26th] and withdrew 5.41 million NEIRO ($453,000) from Gate.io.”

Neiro on ETH is trading for $0.09177 at time of writing, down 13.1% in the last 24 hours. With a $91.75 million market cap, Neiro on ETH is the 465th-largest crypto project.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Tags: AccumulateBinanceBitcoin NewsCryptoCrypto NewsCrypto UpdatesETHethereumKrakenLatest News on CryptoLookonchainRivalSB Crypto Guru NewsWhales
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