Crypto:
36635
Bitcoin:
$92.066
% 1.31
BTC Dominance:
%58.6
% 0.02
Market Cap:
$3.13 T
% 1.40
Fear & Greed:
28 / 100
Bitcoin:
$ 92.066
BTC Dominance:
% 58.6
Market Cap:
$3.13 T

Ethereum Whale Sells $2M in ETH to Accumulate These 3 Tokens!

ethereum whale

An Ethereum whale sold $2 million worth of ETH to invest in three tokens, drawing significant attention in the crypto market. 

A prominent Ethereum whale converted 1,185 ETH, valued at $2.11 million, into USDC. With these funds, the whale purchased 2.92 million AERO, 3.34 million AIXBT, and 6,800 VIRTUAL tokens. Subsequently, the whale swapped 2.44 million AERO for 996,566 VIRTUAL tokens. Currently, the whale holds 1,003,366 VIRTUAL and 2.9 million AERO. 

Whale Movements and Altcoin Surge

As a result, VIRTUAL surged by 100% weekly, reaching $1.64 with a daily gain of 2%. AIXBT recorded a 57% weekly increase, hitting $0.1938, with a daily rise of 13%. AERO saw a 16% uptick, trading at $0.6658. These tokens have captured investors’ attention following the whale’s move. Analysts note that these tokens are gaining popularity due to innovative projects in DeFi and gaming sectors. However, experts caution against the volatility in the altcoin market. 

Meanwhile, some reports indicate that Ethereum whale sales are on the rise, posing a concerning factor for the token. Notably, in April, large investors sold approximately 1.19 million ETH, valued at $1.8 billion. Despite this, some whales continue to accumulate ETH, and institutional interest, such as BlackRock’s tokenized fund plans, could provide support. 

Market Dynamics and Expectations

AERO, AIXBT, and VIRTUAL are drawing attention with increasing buying activity and a positive market outlook. AERO is trading at $0.6658, showing a short-term bullish trend, with support at $0.55 and resistance at $0.65. AIXBT, priced at $0.1938, has risen 57% weekly and 13% daily, maintaining a bullish trend, though its RSI at 82 signals overbought conditions and potential short-term correction risk. 

Aerodrome Finance (AERO) is strengthening its liquidity hub on the Base network with the Slipstream AMM model while forming partnerships with DeFi projects like Moonwell and Extra Finance. AIXBT is gaining traction with AI-powered financial analysis tools, while Virtuals Protocol (VIRTUAL) has achieved a 100% weekly surge through AI-based virtual characters and metaverse integrations. In summary, AERO, AIXBT, and VIRTUAL are attracting investor interest with innovative advancements in DeFi, AI, and metaverse sectors. 

This is not investment advice.

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