2024

Aerodrome Finance

Base

PEPE

<p>Crypto whales are once again making bold moves in the altcoin market, showing possible changes in their investment strategies. According to Spotonchain, a blockchain analytical platform reported that it appears that these whales’ strategies have changed from what they accumulated in previous weeks.</p>   
<h2 class="wp-block-heading" id="h-key-altcoins-bought-by-the-whale">Key Altcoins Bought By The Whale</h2>   
<p>Over the past few hours, Spotonchain reported a significant move by a crypto whale who purchased 189.55 million BEAM tokens. The transaction involved spending 1,458 WSTETH, valued at $6.7 million, with an average price of $0.03515 per token. This marks BEAM as a key focus in the whale’s investment portfolio.</p>   
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   https://twitter.com/spotonchain/status/1867776959985725784 
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<p>In addition to buying the BEAM token, the Whale has diversified their portfolio by adding other prominent altcoins. Since December 1, they have allocated $35.7 million worth of ETH across four tokens, showcasing a strategic approach to the market. Among these tokens are;</p>   
<p><strong>Fantom (FTM):</strong> The whale bought 10.245 million FTM for $13.5 million. However, this investment has faced a slight dip, resulting in a $181,000 loss.</p>   
<p><strong>PePe (PEPE):</strong> A massive 531.7 billion PEPE tokens were purchased for $11.04 million, now showing a $1.94 million profit.</p>   
<p><strong>Aerodrome Finance (AERO):</strong> The whale invested $4.43 million in 2.453 million AERO tokens, yielding $699,000 in gains.</p>   
<h2 class="wp-block-heading" id="h-whales-eyeing-big-on-virtual">Whales Eyeing Big On VIRTUAL</h2>   
<p>Another standout altcoin for this week is VIRTUAL, the native token of Virtuals Protocol, an AI-powered project on the Base chain. Meanwhile, whales are making significant purchases of VIRTUAL tokens. <a href="https://x.com/lookonchain/status/1867768824994705802">Two newly activated wallets</a>, likely controlled by the same whale, withdrew 10 million USDC from Coinbase to buy 4.25 million $VIRTUAL for $2.35 per token.</p>   
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   https://twitter.com/lookonchain/status/1867768824994705802 
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<p>Additionally, another whale with wallet address 0xcf4d...b6bc spent 406 ETH, worth $1.58 million, to acquire 664,361 $VIRTUAL tokens at $2.39 each.</p>   
<p>On December 12, Santiment reported that wallet addresses holding between 100 million and 1 billion VIRTUAL tokens saw a sharp increase in holdings. These wallets collectively added 6.30 million VIRTUAL tokens worth nearly $15 million, pushing the token’s price to a new all-time high. If the accumulation trend continues, the token could break the $2.60 barrier.&nbsp;</p>

Here’s What Altcoins Crypto Whales Are Buying In Mid-December 2024

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