Whales and New Wallets Purchase and Withdraw Various Tokens

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In the last 24 hours, several significant cryptocurrency transactions involving whales and new wallets purchasing and withdrawing various tokens like UNI, BLZ, PEPE, and TRB occurred. These movements are valuable actions for showing notable market behaviors. They are also intriguing for reflecting potential trends in the cryptocurrency market. The development was shared by Lookonchain on X.

Whales’ Moves in Uniswap and BLZ

First, a large transaction related to Uniswap (UNI) was recorded. A whale with wallet address 0x3492 withdrew 870,827 UNI tokens, equivalent to approximately $8.5 million, from the cryptocurrency exchange OKX just an hour ago. This significant withdrawal indicates strong confidence in UNI’s potential. It also suggests a move to a possibly safer or preferred storage option from an exchange.

Similarly, a significant transaction involving Bluzelle (BLZ) occurred. The wallet address 0xe841 withdrew 7.69 million BLZ tokens, worth approximately $2.16 million, from Binance an hour ago. This considerable amount indicates a strategic move by the owner, suggesting positive developments or expected price movements for BLZ.

PEPE and Tellor (TRB) on Whales’ Radar

In addition to these transactions, there was notable activity in PEPE tokens. Two wallets, 0x81cC and 0xf226, collectively withdrew 303.4 billion PEPE tokens, worth approximately $3.8 million, from both Binance and OKX 11 hours ago. This large withdrawal likely underscores significant interest in PEPE from these wallets, stemming from speculative or long-term investment strategies.

Another significant transaction involved Tellor (TRB) tokens. The wallet 0x8499 withdrew 20,628 TRB tokens, worth approximately $1.9 million, from Binance 25 hours ago. Although this transaction occurred slightly earlier, it still falls within the same 24-hour timeframe, highlighting significant interest in TRB and suggesting that the owner may foresee positive future performance for the token.

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