Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»ALTCOIN NEWS»Whale Loses Over $8,430,000 After Ethereum and 2 Additional Altcoins Capitulate: On-Chain Data
ALTCOIN NEWS

Whale Loses Over $8,430,000 After Ethereum and 2 Additional Altcoins Capitulate: On-Chain Data

By Crypto FlexsMay 13, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Whale Loses Over ,430,000 After Ethereum and 2 Additional Altcoins Capitulate: On-Chain Data
Share
Facebook Twitter LinkedIn Pinterest Email

On-chain data shows that an unknown whale sold altcoin positions at huge losses after the price fell.

As first reported by blockchain tracking service Lookonchain, a whale has abandoned positions in Ethereum (ETH) and layer 2 altcoins Optimism (OP) and Arbitrum (ARB).

Look on chain Called Whales with wallet addresses starting with 0x12199 and 0xac218 lost $8.43 million.

“I’m so sad!

The whale sold ETH, OP, and ARB together for a loss of ~$8.43 million.

Sold 6,714 ETH ($19.5 million) for $2,903 and lost $6.45 million!
Sold 428,047 OP ($1.06 million) for $2.48 and lost $902,000!
“Sold 901,685 ARBs ($882 million) at $0.98 and lost $1.08 million!”

At the time of this writing, ETH is trading at $2,888, and OP and ARB are worth $2.45 and $0.962, respectively.

Look on chain too spotted “Smart money” whales that accumulate multiple altcoins.

According to the company, one wallet starting with 0xd876 has accumulated a seven-figure value of layer-1 blockchain Fantom (FTM), decentralized finance (DeFi) project Maker (MKR), and memecoin Pepe (PEPE).

“What altcoins is smart money buying?

Smart Money has $23.3 million in assets and previously earned $1.67 million from FTM trading.

He recently purchased MKR, FTM and PEPE.

FTM

He purchased 3.18 million FTM on May 7 using 726 ETH ($2.26 million).

He previously earned ~$1.67 million in FTM by purchasing 3.39 million FTM ($1.13 million) for $0.33 on January 24th and selling 3.39 million FTM ($2.8 million) for $0.83 on March 19th.

MSEK
He used $1.25 million to purchase 464 MKR for $2,697 on May 12, and on April 30, he used 379 ETH ($1.22 million) to purchase 428 MKR for $2,846.

pepe
He spent $558,000 on May 8 to purchase 70 billion PEPE.”

Don’t miss a beat – subscribe to get email alerts delivered straight to your inbox

Check Price Action

follow us XFacebook, Telegram

Daily Hodl Mix Surfing

&nbsp

Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and you will be responsible for any losses you may suffer. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

Image created by: Midjourney

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

ETF publisher’s latest warning -SEC’s approval process ‘Innovation, AIDS GIANTS’

June 7, 2025

Trump memoin is faced with a $ 520m lock in July and the price drops by 85%.

June 7, 2025

Strategy to raise almost $ 1B by STRD priority proposal for BTC accumulation

June 7, 2025
Add A Comment

Comments are closed.

Recent Posts

ETF publisher’s latest warning -SEC’s approval process ‘Innovation, AIDS GIANTS’

June 7, 2025

Solana (SOL) introduces Alpenglow for faster blockchain agreement.

June 7, 2025

The Foresight Ventures report shows a collection shift where more than 32,000 sellers around the world accept encryption.

June 7, 2025

$ AB is live on Binance, guiding the new era of new cross chain asset mobility.

June 7, 2025

Trump memoin is faced with a $ 520m lock in July and the price drops by 85%.

June 7, 2025

Vaneck launches GPZ ETF for alternative asset managers.

June 7, 2025

Apple, X, Airbnb Eye Stablecoin Integration

June 7, 2025

Strategy to raise almost $ 1B by STRD priority proposal for BTC accumulation

June 7, 2025

Hash research CEO is appointed chief policy officer at the presidential office

June 7, 2025

Thorchain integrates the director of the XRP to facilitate the distributed swap.

June 7, 2025

Thorchain integrates the director of the XRP to facilitate the distributed swap.

June 7, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

ETF publisher’s latest warning -SEC’s approval process ‘Innovation, AIDS GIANTS’

June 7, 2025

Solana (SOL) introduces Alpenglow for faster blockchain agreement.

June 7, 2025

The Foresight Ventures report shows a collection shift where more than 32,000 sellers around the world accept encryption.

June 7, 2025
Most Popular

Amuse 2.2 beta released with Stable Diffusion 3.5 and AMD AI enhancements

November 26, 2024

2025 Stablecoins: Regulatory Challenge and New Opportunities

April 23, 2025

Trump’s meme coin swung after President Trump said he ‘didn’t know much about it’

January 22, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.