Crypto Whale Makes Waves With Multi-Million Dollar Altcoin Buying Spree
The post Crypto Whale Makes Waves With Multi-Million Dollar Altcoin Buying Spree appeared on BitcoinEthereumNews.com.
One major crypto whale has caught the market’s attention by making substantial investments in several emerging altcoins all at once. This well-coordinated buying spree happened earlier today and was most visible through the on-chain metrics for a particular wallet. That wallet, identified as 0x97251bbbe8f80bf1787b15abed08c09ac5cc1776, executed a series of high-value purchases in what were largely seen as confidence bets. Among the purchases made were millions worth of the following tokens: VIRTUAL, WLD, GAME, and COOKIE. The size and timing of these acquisitions suggest that there’s a lot more here than just casual speculation. Be it insider knowledge, a long-term belief in the chosen tokens, or a more expansive bet on the narratives the market is going to play out in the near future, this whale is putting a considerable amount of dollars behind its decisions. A Closer Look at the Whale’s Portfolio Picks The buying binge started with a huge purchase of VIRTUAL, a recently popular token in the metaverse and digital experience realm. The whale got 2.53 million VIRTUAL tokens at an average price of 0.93 dollars, totaling 2.66 million dollars. In appearance, that looks an awful lot like a vote of confidence on the virtual world front. Altcoin Buffet: Whale Scoops Up $VIRTUAL, $WLD, $GAME, and $COOKIE in One Big Shopping Spree One wallet is making bold moves across multiple altcoins today. The whale behind address 0x97251bbbe8f80bf1787b15abed08c09ac5cc1776 went on a buying spree, pic.twitter.com/sV07F94HXT — EyeOnChain 
(@EyeOnChain) April 26, 2025 Then, the purse zeroed in on WLD, or Worldcoin, a project that has audacious dreams of making a worldly, decentralized, identity-and-finance layer. The whale gobbled up 1.48 million WLD at an average price of 1.02 dollars, investing 1.73 million bucks in all. Worldcoin has been buzzing for quite a while now, not just for its all-but-audacious biometric model, but…
Filed under: News - @ April 28, 2025 4:28 am