Whales Executing Large-Scale Trades, Ethereum and Meme Moguls On The Radar
In Brief
A long-dormant Ethereum whale is on the move, and a Bitcoin whale makes a 62 million-dollar profit. Meanwhile, Meme Moguls, a P2E project in the first stage of its presale, is set to outperform 80% of the current market.
A long-dormant Ethereum whale is on the move, and a Bitcoin whale makes a 62 million-dollar profit. Meanwhile, Meme Moguls, a P2E project in the first stage of its presale, is set to outperform 80% of the current market. If you want to know some ways to discover the latest info and make the most profitable trades, read on.
Sleeping Ethereum Whale moves $11 million worth of Ethereum
Have you ever wondered how to find out what the crypto whales are doing? If so, then platforms such as Whale-alert.io, Lookonchain, and Spot on Chain are some go-to places. And once you find a whale that seems interesting you can follow that wallet using a tool like Debank, which makes it easier to understand what is going on, than simply using a block explorer.
Yesterday, an Ethereum whale that has been inactive for three years, moved $11.3 million ETH to Coinbase, which suggests that they wanted to sell. The whale has been accumulating ETH since the price was just $60. However, they still have over 20k Ethereum left, which is worth almost $50 million.
A few days ago Lookonchain discovered an even bigger Bitcoin whale who has been exceptionally good at buying Bitcoin when the price was low and selling at peaks. The Bitcoin whale, who only started buying BTC late last year, has recently banked 62 million dollars and has approximately $65 million worth of Bitcoin left.
Want to follow those whales? Here are their wallet addresses:
Ethereum Whale: 0xaB3c66A06A5940b811ad1d98D8b6eA5456657993
Bitcoin Whale: You’ll need a Bitcoin explorer for this one – here
The important thing to learn here though is the importance of buying low and selling high. Sounds easy, but how can you do it? The Meme Moguls presale is one way.
A fun new project is beginning – Meme Moguls
Buying into a presale is one way of being sure that you are buying low. You are getting the cheapest price that a coin has ever been offered at, and there are no big holders that need you as their exit liquidity. As the coin progresses through each stage of the presale, the price rises, meaning that the likelihood is that you can sell high.
Instead of waiting to get a coin listed on an exchange, you buy it before it gets to that stage. New entrants will hopefully jump on the coin and pump it, and you can choose to sell some and hold some, making your initial investment back, and then riding to the moon.
Meme Moguls will be a play to earn community game built on the Ethereum network. The inspiration is the aspirational dream of business moguls like Elon Musk, with a love of all things meme-related. This includes meme coins and other internet memes.
MOGULS!! 🔥
— Meme Moguls (@meme_moguls) December 8, 2023
Are you ready to change the landscape? 🧑🌾 With one of the biggest airdrops of 2024 👀 Get ready!! $MGLS Farming. Coming soon… pic.twitter.com/9UPUeV5klt
The game will connect meme lovers and through fantasy and simulated trading, fun competition will help players to become the best crypto traders they can be – teaching them what and when to buy and when to sell.
But the profit for anyone reading this now comes even sooner and that is because MGLS, the native token of the ecosystem, is in the first stage of presale.
It’s already risen by 10% as it exited the beta stage, and has a long way to go until it reaches the price that it will be launched at. Currently, you can only buy Meme Moguls through their website, but when the presale concludes you’ll be able to sell it on an exchange.
Since experts predict that the token will reach $0.19 next year, that’s an 800% gain from the price right now. So do like the whales and buy low and sell high!
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
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Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
