Trader Who Profited $6,900,000 on BONK Goes Long on Dogecoin Rival Once Again: Lookonchain
A rich investor who made tens of millions buying and selling Bonk (BONK) is out of the blue bullish once more on the Dogecoin (DOGE) rival, in keeping with on-chain information.
Blockchain monitoring agency Lookonchain reports {that a} worthwhile BONK dealer simply bought greater than three billion BONK.
“This sensible dealer who made ~$6.9 million on BONK spent 386 SOL ($40,000) to purchase 3.29 billion BONK once more [on Tuesday]!
He collected 371.4B BONK in 9 months at a value of solely 6,998 SOL ($276,000) and bought half of the BONK in the course of the BONK surge for 50,139 SOL ($5.2 million).”
Bonk is buying and selling for $0.0000138 at time of writing, up greater than 13% within the final 24 hours.
Lookonchain additionally noticed whales making huge Wrapped Bitcoin (WBTC) strikes.
The analytics agency reviews that one whale bought off their WBTC holdings as the worth out of the blue rallied, making greater than $5 million.
“A whale began promoting WBTC after the WBTC worth elevated! The whale has bought a complete of 355 WBTC for 15.9 million USDT at $44,875 [this week], making ~$5.6 million!”
One other whale out of the blue accumulated practically 400 WBTC, in keeping with Lookonchain.
“Somebody is shopping for WBTC on chain! A whale has spent 18.25 million USDC to purchase 391 WBTC [this week], with a median shopping for worth of $46,689.”
Wrapped Bitcoin is buying and selling for $46,234 at time of writing, greater than 1% within the final 24 hours.
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