While the cryptocurrency world, like all financial markets, awaits the Fed’s interest rate cuts, PEPE, one of the stars of the bull season, continues to be the choice of whales. The green light for Ether spot ETFs has also caused $3 billion worth of ETH to be withdrawn from exchanges since the approval, while whales continue to buy.

New purchase from Binance

One of the biggest stars of the 2024 bull season has undoubtedly been PEPE. PEPE, which has increased more than 15 times compared to its pre-bull level, is still the favorite of big buyers… According to on-chain tracking platform Lookonchain, a newly opened crypto wallet bought 202 billion units of PEPE worth $ 3 million and withdrew the tokens from Binance.

Accounts that know Ether well bought 7000 ETH

In the same minutes, another whale preferred Ether. Again, according to the information provided by Lookonchain, this whale bought 7000 ETH on Binance. These ETHs worth 26.7 million dollars were later withdrawn from the exchange.

Since May last year, this person, who has almost always bought low and sold high since May last year, sold 9000 ETH before the last Ether drop. This Ether whale currently holds $140 million worth of ETH and his total profit is around $76 million.