Following the big players to have soup? Analyst: Whale has been buying 'these 5 coins' like crazy recently, preparing for a big pump?

On-chain analysts are paying attention to the movements of crypto whales

In the encryption currency market, the WalletAddress of the Whale (Crypto Whale) with a huge amount of funds has always been the focus of attention for investors and analysts to follow closely.

Renowned on-chain analyst Lookonchain continues to track the movements of these Whales, and recent large fund transfers indicate that institutional investors may be positioning themselves for the next market trend.

What coins did Whale buy recently? What is the detailed operation?

BTC（$BTC）: Mysterious WhaleHoldings breaks through 2.2 billion magnesium

According to Lookonchain's observation, a mysterious Whale withdrew 2,189 BTC worth about $200 million from the Binance exchange on November 19th.

The whale did not stop there. On the morning of November 20th, it increased its holdings by 750 BTC (approximately $69 million), bringing its total holdings to an astonishing 24,660 BTC, with a total value of $2.27 billion.

Source: Lookonchain/XBTC (BTC): Mysterious WhaleHoldings breaks through 2.2 billion pounds

Ethercoin ($ETH): Whale has accumulated nearly $60 million recently

Lookonchain found on the early morning of November 14 that a new WhaleWallet bought 7,389.5 Ethercoin in just 3 hours, worth about 23.44 million US dollars.

In the past 3 days, the Whale has accumulated a total of 18,049 Ethercoins, worth about 59.3 million US dollars, showing a strong bullish attitude towards Ethercoin.

Image source: Lookonchain/XEthercoin ($ETH): Whale accumulated nearly $60 million within 3 days

Aave ($AAVE): Whale lending operations show a bullish attitude

Lookonchain stated in a post on November 15th that a Whale borrowed 1.5 million USDT from Aave lending protocol and then purchased 9,829 AAVE tokens.

This is not the first time this Whale has built a position. Since October 13th, this Whale has accumulated 75,493 $AAVE at an average price of $153, with a total investment of $11.57 million.

Image source: Lookonchain/XAave ($AAVE): Whale lending operations show strong bullish signals

ORA Protocol ($ORA): Whale takes the lead in layout and profits exceed 110%

Lookonchain observed on the early morning of November 20 that a Whale with the Ether domain name sencrazy.eth withdrew 100 Ethercoins (about $310,000) from the coin and immediately purchased 138,462 after the $ORA coinissuance, with a total investment of approximately $653,000.

Currently, this investment has generated approximately $340,000 in unrealized gains, with a return rate of 110%.

Image source: Lookonchain/XORA Protocol ($ORA): Whale's early deployment has yielded profits of over 110%.

$WHY: Whale suddenly invests $6.4 million

Lookonchain discovered on November 19th that a Whale with $6.4 million in assets invested 400 $BNB (approximately $247,000) three days ago to purchase 1.475 trillion $WHY coins, demonstrating high confidence in the project.

Image source: Lookonchain/X$WHY: 6.4 million euros in assets, Whale suddenly invests

There are risks associated with following Whale

While tracking the movements of Whales may bring investment opportunities, investors must also bear in mind that Whales can not only buy large amounts, but also potentially dumping their holdings of Crypto Assets at any time.

Therefore, it is recommended that investors make good use of various on-chain analysis tools to monitor the dynamics of Whales in real time, but at the same time, they should also establish their own investment strategies and not blindly copy trading.

When making investment decisions, investors need to consider not only the followWhale trend, but also a comprehensive range of factors such as market fundamentals, technical aspects, and project development.

After all, even the investment decisions of Whale are not always correct. Investors should also do a good job of risk control and avoid investing all their funds in a single target.

Whales also lose money: expensive tuition fees! Whales lose big on trading 'this coin' every time, unknowingly losing 150 million taiwan coins

【Disclaimer】There are risks in the market, and investment needs to be cautious. The above data is for reference only. Users should refer to more diverse indicators to judge whether to invest, and consider whether any opinions, viewpoints, or conclusions in this article are suitable for their specific situation. Investing based on this is at your own risk.

The article 'Following Large Investors to Get Some Soup? Analyst: Whale Has Been Buying These 5 Coins Recently, Preparing for a Big Pump?' was first published in the 'encryption city'.