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#DecemberMarketOutlook Big Whale Buys $75 Million Worth of 8 Different Altcoins!
On-chain data in the crypto market has revealed that a major whale has made large purchases of altcoins in the past hours.
On-chain data in the crypto market has uncovered noteworthy moves by the well-known investor Jez San’s wallet, with the short address 0x08337.
In recent transactions, the address has withdrawn over $75 million worth of altcoins from multiple exchanges. Accumulation at this scale suggests the investor is taking a strong position regarding the medium- to long-term outlook of the market.
According to on-chain records, the assets recently withdrawn by the address from exchanges are as follows: $22 million in LINK, $18 million in ETH, $11 million in ENA, $6 million in AAVE, $3.75 million in ONDO, $3.5 million in PENDLE, $3.3 million in UNI, and $1.3 million in ARB.
The current portfolio size of the address stands at $74.67 million. The largest share in the portfolio is Chainlink, with 1.618 million LINK, valued at approximately $22 million. This is followed by 6,050 ETH at $18.32 million, 43.53 million ENA at $11.26 million, 32,900 AAVE at $6.05 million, and 8.08 million ONDO at $3.73 million. Other altcoins such as PENDLE, UNI, ARB, SKY, OP, AERO, VIRTUAL, ENS, CRV, and LDO make up smaller but diversifying components of the portfolio.
NOT INVESTMENT ADVICE
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