Whales began the last week of May with an active sale of part of the coins and the purchase of others. Their actions are closely monitored by participants in the crypto community. The fact is that often at the disposal of whales there is insider information on which you can earn.
We tell you which coins are purchased and sold by large investors. We tell you what is happening in the “world of whales”.
The focus of the whales was Trump’s crypto project by the World Liberty Financial (WLFI). The Lookonchain team drew attention to the fact that one of the whales invested $ 40 million in USDC stabilcoins. The purchase was made on an over -and -off platform. Earlier, according to analysts, the same whale made another WLFI purchase for $ 40 million. At the same time, the cost of Trump crypto project for the second time was higher than the original. Therefore, the second purchase brought the whale by a smaller number of tokens.
The whales also began to be interested in Fartcoin again. Lookonchain drew attention to a large investor who spent $ 2,850 SOL on a coin of $ 2.48 million. The dubious ideology of a crypto project does not scare whales.
Meanwhile, Ethereum turned out to be the disgrace of large investors. The Lookonchain team drew attention to the fact that the whales began to open and supplement the short positions on the coin. The shorts of one of them reached $ 114 million. Smart-traders are also short of the Ethereum.
Another coin on which the whales pressed was SOLANA. Analysts drew attention to the fact that a large whale led SOL out of SOL steaking to $ 221 million and began to send coins to cryptocurrencies. This behavior of a participant in the crypto community may indicate his desire to sell cryptocurrency. In this case, the SOL course will be under pressure.
Bitcoin was the leader in Longs among the whales. Large investors open long positions on the most capitalized cryptocurrency. Long of one of the large whales reached $ 411.8 million. Analysts pay attention to the fact that his position will eliminate in the event of a cryptocurrency rate falling to $ 102,790.
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Source: Cryptocurrency
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