As an experienced crypto investor who has navigated the turbulent seas of digital currencies for years, witnessing such a whale-sized move by a fellow trader is nothing short of exhilarating. The recent accumulation of Pepe Coin (PEPE), Aerodrome Finance (AERO), and Fantom (FTM) by this crypto titan has sent ripples across the market, sparking a wave of optimism among investors like myself.
Recently, I’ve found myself drawn to some intriguing moves in the crypto world. Over the weekend, a significant player, often referred to as a ‘crypto whale’, made a strategic investment worth approximately $21 million, amassing large quantities of Pepe Coin (PEPE), Aerodrome Finance (AERO), and Fantom (FTM). This bold move has certainly sparked interest in the market. With Q4 shaping up to be bullish, many crypto enthusiasts like myself are keeping a close eye on these coins, anticipating potential further growth in their value.
Crypto Whale Heavily Bags Pepe Coin, AERO, & FTM Igniting Optimism
As per the recent figures from Spot on Chain, a significant crypto investor (often referred to as a ‘whale’) just splurged $2 million on 1.47 million FTM using 420 WSTETH in a single transaction. But that’s not all – this trader also executed other trades.
According to the information available, it appears that a large investor, often referred to as a “whale,” has invested around $19 million over the last few days to acquire additional tokens. Specifically, this whale bought 531.7 billion PEPE, valued at approximately $11.04 million, and made a profit of about $292,000 on their PEPE holdings. Similarly, the same investor purchased 4.55 million Fantom (FTM), valued at around $5.83 million, yielding a profit of roughly $353,000 on their FTM holdings.
At the same time, a few days ago, a whale acquired approximately 1.37 million AERO, valued at around $2.14 million. Currently, this investment has yielded a profit of roughly $830,000 for the whale. This significant purchase has sparked a wave of optimism among investors about the potential future trends of these coins, indicating a growing market interest. Additionally, the whale’s decision to keep his holdings instead of selling them has further fueled investors’ bullish predictions.
How Are These Crypto Performing?
Currently, Filecoin (FTM) price has climbed approximately 1.5% to hit $1.350. During the day, its lowest and highest points were marked at $1.263 and $1.369 respectively. The coin is rising in response to the significant buying pressure from a notable crypto investor, or “whale.
Today, the price of Pepe Coin dipped approximately 3.5% to $0.00002129. Its 24-hour range was between $0.00002044 (low) and $0.00002225 (high). Interestingly, the monthly chart for this meme coin suggests a rise of more than 50%, hinting at potential further growth based on recent buying trends.
Moreover, Today, the price of AERO skyrocketed approximately 17% within the trading day and now stands at $2.201. The coin’s lowest and highest points over the past 24 hours were $1.870 and $2.253 respectively. This cryptocurrency is climbing in sync with significant purchases and a generally bullish outlook for Q4. Consequently, investors are anticipating additional price increases for this digital coin due to recent updates.
According to an analysis by CoinGape, it’s possible that the PEPE coin’s price might nearly double, with a significant increase of 80-100% potentially on the horizon. This optimistic prediction aligns with growing market excitement as the year comes to a close.
Meanwhile, a separate report disclosed that cryptocurrency exchange leader Binance started trading AEROUSDT futures. This expanded service has boosted market enthusiasm about potential price fluctuations of the token in the near future.
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2024-12-07 11:22