Crypto analyst Eric Nicholas Freund, citing Arkham data, suggested that Hayes may have resumed altcoin purchases after a long hiatus. Freund estimated that purchases began before October 14th for $AERO, October 15th for $PENDLE, and October 10th for $ZAMA. The analyst also suggested that Hayes might promote these assets on social media in the near future.
There’s Activity Among Whales, Too!
Lookonchain reported that whales were buying at the dip. According to the data, the whale with the address “0x8E8b,” which previously sold 2,050 Ethereum ($4.93 million) and made a profit of $1.08 million, bought back 6,010 $ETH ($14.23 million) today.
Another whale missed out on a potential $13.5 million profit by selling early. According to Lookonchain, the whale with the address 0x68Ef had purchased a total of 6.76 million $BTW altcoins but sold them early, receiving only about $85,000. However, considering the current price of $BTW, if they hadn’t sold, the value of their $BTW holdings would have been around $13.5 million. This means the large investor missed out on a potential profit of approximately $13.415 million.
“0x68Ef Whale must be angry at itself.”
He acquired a total of 6.76M $BTW but sold them too early for 85K. That 6.76M $BTW is now worth $13.5 million. He missed out on enough money to retire!”
According to the whale tracking platform TradingBeats, a whale starting with the initials 0x007d opened a long position of 3,000 $ETH using 25x leverage. The data shows that the average entry price was approximately $2,400, the current position value is around $7.05 million, the unrealized loss is approximately $150,000, and the position return is approximately -53%.
Lastly, 0xDD6A, a prominent short trader on Aster DEX who capitalized on the market downturn, made over $6.4 million in profit! Currently holding short positions with 20x leverage on Bitcoin, Ethereum, Solana, XRP, and Dogecoin, the trader’s total position size has reached $24.6 million, with a win rate of 100%.
*This is not investment advice.
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