#binance #hype #zec #near
25/03/26 04:47 UTC-04

Significant whale activity in the past few hours: key transactions

Activity among large players in the cryptocurrency market has surged over the past few hours, with major transfers and trading operations drawing investors’ attention.

The reactivation of long-dormant wallets and large asset movements has sparked discussions about potential market shifts.

According to the latest data, a major investor who had been inactive for about 7 months transferred 51,750 Solana (SOL) tokens to Binance, worth approximately $4.75 million. However, the transaction appears to have resulted in a loss of around $4.37 million. Previously, the same investor had withdrawn 50,000 SOL worth $9.12 million and used them for staking.

On the other hand, government-level transactions have also attracted attention. The Royal Government of Bhutan transferred a total of 519.7 BTC (approximately $36.75 million) to two separate wallets, one of which was linked to QCP Capital. This suggests the government may be preparing to sell.

Additionally, 474.54 BTC (approximately $33.59 million) was withdrawn from Binance to a newly created wallet. On the Ethereum side, even larger movements were observed: seven new wallets withdrew a total of 74,959 ETH (approximately $161.13 million) from Binance and distributed the funds across multiple addresses.

Another notable development was strong whale interest in the HYPE token. An investor with the address “0x96d” invested $2 million USDC, increasing their holdings to 427,851 HYPE. With total purchases of $15.08 million at an average price of $35.24, the current position is valued at approximately $17.2 million, reflecting a profit of around $2.14 million.

Similarly, a newly created wallet “0xa58” also invested $2 million USDC, acquiring 51,850 HYPE at an average price of $38.57.

See also: "Binance delists several altcoin pairs from spot trading: details"

#Crypto Market

Editor: Alyona Nabok
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