Whale Takes Action on These Three Altcoins: Withdraws Massive Amounts

While the consolidation of the transfers into a single new wallet is noteworthy, the owner of the address or the purpose of the transaction has not been disclosed. $LIT accounts for more than half of the total dollar value, while $ENA and $ARB were moved to the same wallet in smaller shares.

$ENA’s price, in particular, hit a sharp low during the recent altcoin downturn. Whether whale wallets took advantage of this low point and made purchases is not definitively known.

*This is not investment advice.