BitRss.com latest World Crypto News

Search and discover the latest Cryptocurrency updated Stories in Categories

24-7 World Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources

Giant Whale Takes Huge Loss on Altcoin, Losing Half Its Value Since January: Yet It Bought More Today

Experts from the cryptocurrency analysis platform Lookonchain have detected advanced whale activity in some altcoins in recent hours.
According to the statement made by analysts, a cryptocurrency whale bought $ 4.3 million Arbitrum (ARB) token hours ago. The last purchase was at an average price of $1.03. This whale has been involved in Arbitrum trading since July 18, 2023.
According to the data, the whale wallet had purchased a total of 39 million ARBs at an average price of $ 1.25, paying $ 49 million so far. However, this whale has sold 37.5 million ARBs on the Arbitrum trade so far at an average price of $1.2, making a total of $44.9 million.
So this whale actually lost more than $2 million from ARB trading.
Related News: The Fastest Altcoins of the Cryptocurrency World Has Been Determined: Here is the Ranking
The whale currently has 5.98 million ARB worth $6.15 million. At the time of this writing, the ARB price is trading at $1.03.
Arbitrum reached its all-time high, reaching $2.40 in January 2024. At the time of writing this article, it is trading at a level 57% lower than its all-time high price level.
*This is not investment advice.
Continue Reading: Giant Whale Takes Huge Loss on Altcoin, Losing Half Its Value Since January: Yet It Bought More Today

BitRss.com shares this Contents always with License.

Thank you for Share!

   
Tumblr
LinkedIn
Reddit
VK

WhatsApp
Telegram

Search about Crypto News


BITRSS | CRYPTOCURRENCY WORLD NEWS

The latest Top News, only from Leading exponents of BlockChain, Bitcoin and different Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Crypto Currencies World: everything you are looking for, in one place!

We have always tried to give priority to the News; for this reason we have designed BitRss.com simple and intuitive, usable by all Devices, fast and effective.


| LEARN MORE ABOUT |

Today Most Popular News