Whales are buying DePin token Aethir (ATH)

Cryptocurrency whales are seen buying Aethir (ATH), a DePin coin. A whale bought a total of $2 million from 3 exchanges, and the famous entrepreneur Arthur Hayes bought $800 thousand Aethir from an exchange.

Whales are buying DePin token Aethir (ATH)

DePin, the decentralised physical infrastructure category, which is one of the most prominent areas of the cryptocurrency world, continues to attract the attention of large companies and investors. Today, two major investors purchased Aethir (ATH), one of the most talked about projects in the DePin field for a while.

According to the information provided by the chain iron data tracking platform Lookonchain, the first purchases came from the famous entrepreneur Arthur Hayes in the morning hours. Hayes bought 11.4 million ATH worth about $800 thousand on the OKX exchange.

At noon, another whale bought 28.8 million ATH worth about $2 million. The identity of this whale is unknown. The investor used Bybit, OKX and Kucoin exchanges for purchases.

Aethir, a GPU, a graphics processor provider focused more on gaming and artificial intelligence, also provides cloud services.

ATH token was listed yesterday by Bithumb and Upbit, South Korea’s two major stock exchanges, and this listing brought an increase of more than 30% in price.

ATH is trading at about $0.069 at the time of writing.

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