Whale, Who Profited $9 Million From His Trades, Made Significant Changes To His Altcoin Portfolio
A well-known whale trader, known by the short address 0xfc9, made a significant portfolio swap on Coinbase, one of the popular cryptocurrency exchanges.
The trader deposited 750,000 Render (RNDR) worth approximately $3.01 million and then withdrew 450,000 Lido DAO Token (LDO) worth approximately $1.5 million.
The transactions occurred during a period of significant price fluctuations in the market. The RNDR price dropped 11% in 24 hours, while the LDO price increased 13% in the same period.
In addition, whale trader Fetch.ai (FET), Aave (AAVE), Enjin Coin (ENJ), Chainlink (LINK), Render Token (RNDR), Lido DAO Token (LDO), Fantom (FTM), Loopring (LRC). ) and Polygon (MATIC), with an estimated total profit of $8.95 million from 6 of the 9 tokens traded.
As of now, the whale wallet holds 8.66 million FET (valued at $5.87 million), 1.25 million RNDR (valued at $5 million), and 450,000 LDO (valued at $1.6 million).
While Balina realized 2.5 million dollars of its total profit, it still continues to hold 6.3 million dollars in the form of altcoins it invested in.
*This is not investment advice.
