{"id":17937,"date":"2024-04-14T20:13:45","date_gmt":"2024-04-14T20:13:45","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=17937"},"modified":"2024-04-14T14:39:25","modified_gmt":"2024-04-14T14:39:25","slug":"crypto-whale-comes-back-to-the-market-after-the-crash","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/crypto-whale-comes-back-to-the-market-after-the-crash\/","title":{"rendered":"Crypto Whale Comes Back to the Market After the Crash"},"content":{"rendered":"<p>A <a href=\"https:\/\/coinengineer.net\/blog\/whale-alert-mystery-sender-moves-322-million-in-bitcoin-to-coinbase-institutional\/\">cryptocurrency<\/a> whale was identified by on-chain data as selling a significant amount of altcoins during yesterday&#8217;s decline. DeFi is available, a cryptocurrency whale known by the short address 0x57d posted a total of 4.41 million transactions in three DeFi tokens to Binance in the country. The whale took only 13 minutes to complete these activities. Whale deposited 546,268 UNI tokens worth $3.68 million, 250 MKR tokens worth $655,000, and 201,914 1INCH tokens worth $76,000. It is stated that the prices of the investments are $ 6.73 for UNI, $ 2.621 for MKR and $ 0.377 for 1INCH, respectively.<\/p>\n<p>Following these investments, profitable transactions were made for whale, MKR, UNI and 1INCH tokens. For example, the whale made an unrecorded profit of $1.14 million (76.1% increase) from trading 1,390 MKR between August 19, 2023 and April 14, 2024. Similarly, a gain of $375,000 (11.3% increase) was made from the purchase and sale of whale 546,268 UNI between May 12, 2022 and April 14, 2024. In the same period, he made a profit of $100,000 (40.2% increase) from 701,914 1INCH sales. However, the whale still holds a small amount of 7,550 ENS ($93.5k) and 63,005 LQTY ($58.8k) tokens, which face unrealized losses.<\/p>\n<hr \/>\n<p><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Telegram,\u00a0<\/strong><\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>YouTube<\/strong><\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\"><strong>Twitter<\/strong><\/a>\u00a0channels for the latest news and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A cryptocurrency whale was identified by on-chain data as selling a significant amount of altcoins during yesterday&#8217;s decline. DeFi is available, a cryptocurrency whale known by the short address 0x57d posted a total of 4.41 million transactions in three DeFi tokens to Binance in the country. The whale took only 13 minutes to complete these<\/p>\n","protected":false},"author":6,"featured_media":15632,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[5421,954],"class_list":["post-17937","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-crypto-whale","tag-whale"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Crypto Whale Comes Back to the Market After the Crash - Coin Engineer<\/title>\n<meta name=\"description\" content=\"A crypto whale comes back to the market after the crash. 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