The prominent crypto whale, referred to as 'Scarlet Witch,' has secured tokens totaling $600 million in value.

The prominent crypto whale, referred to as 'Scarlet Witch,' has secured tokens totaling $600 million in value.

Seizing the opportunity presented by market downturns, a notable crypto whale invested nearly $600 million into various tokens.

Based on a tweet from the official source, a Binance Coin (BNB) whale known as 'Scarlet Witch' executed a trade amounting to roughly $600 million with single transaction figures. WhaleStats This whale's largest recorded transaction involved 10 million AVAX tokens within a 24-hour timeframe. The Avalanche tokens experienced a 5% decline in market value, triggering multiple whale transactions involving AVAX, particularly among top-tier BNB and BSC players. $242.5 million in Avalanche (AVAX) tokens In addition to previous purchases, the BNB whale expanded its holdings by acquiring 200 million Matic tokens.

'Scarlet Witch' has additionally stockpiled a significant volume of Polygon (Matic) tokens in their collection. Following the AVAX purchase, this BNB whale added about 200 million tokens to their assets, thanks to a buying strategy that capitalized on the average price of $0.64 per token.

'Scarlet Witch' is just getting started with its shopping spree. $128.3 million worth of Matic tokens The whale continued its aggressive acquisition strategy, swiftly following up with a purchase of 400 million DOGE coins, amounting to around $31.6 million. It didn't stop there, as it also amassed WINkLink (WIN) tokens valued at $2.7 million—a staggering 18 billion tokens in total.

As a result of these high-volume transactions by major players, tokens like AVAX, DOGE, MATIC, and TRX have surged into the top 10 most actively traded cryptocurrencies.

As the election period approaches, the mayor of Reno is taking the initiative to establish the city's identity within the cryptocurrency sphere. 2.8 billion TRON (TRX) tokens worth approximately $226.2 million.

Please remember that the content shared on this page is not intended as legal, financial, or investment advice. It's crucial to invest only what you can afford to lose and to seek independent counsel if you're unsure. For more details, please check the terms and help resources offered by the issuer or advertiser. MetaversePost strives for accurate and impartial reporting, understanding that market circumstances can shift rapidly.

According to WhaleStats Amogh is a passionate content creator excited about writing, tech advances, and storytelling. In 2021, he published his debut poetry collection, showcasing his ability to weave narratives through the art of words.

Read related posts:

• OpenSea Confirmed Solana Support
• How to avoid NFT scams
• Cryptocurrencylistings.com has rolled out CandyDrop, a game-changing feature designed to make acquiring cryptocurrencies simpler and to boost user engagement with top-notch projects.