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Here’s What Major Altcoin Whales Did During the Drop – What They Bought and Sold

Here’s What Major Altcoin Whales Did During the Drop – What They Bought and Sold


BitcoinSistemi
2025-10-17 17:16:08
Here’s What Major Altcoin Whales Did During the Drop – What They Bought and Sold

The cryptocurrency market has been particularly active in recent hours, with whales and large institutions showing signs of activity. On-chain data shows both individual whale investors and institutional giants reshuffling their positions. The mysterious whale, or institutional investor known as “7 Brothers,” borrowed 20 million USDC and used half of it to purchase 2,664 ETH. A total of 10 million USDC was used in this transaction, with an average purchase price of $3,754. The whale is believed to still have 10 million USDC and therefore has the potential to purchase more. Another major investor sold 91,356 AAVE at $225, earning 20.59 million USDC. Prominent investor Machi Big Brother (Jeffrey Huang) lost $234,000 after selling 2.02 million PNKSTR tokens for just 36 ETH (approximately $141,000) following a series of liquidations in recent weeks. He then deposited 47.43 ETH ($190,000) to open a 25x leveraged long position on the HyperLiquid exchange. Over the past 30 days, Machi's portfolio has gone from a $43.6 million profit to a $13 million loss, bringing his total portfolio losses to over $56.6 million. Related News: Bitcoin (BTC) Fiyatı Bugün Sert Düştü: 100.000 Doların Altını Görecek Miyiz? İşte Tahminler There was also notable activity on the institutional front. Asset giant BlackRock deposited 272.4 BTC ($28.36 million) into Coinbase Prime five hours ago, then withdrew 12,098 ETH ($45.47 million) from the same platform in the last hour. The sharp market decline also sent one hacker into a panic. He sold 9,240 ETH ($34.88 million) at $3,775, losing $4.56 million. According to on-chain data, this wallet had previously experienced similar losses with a “buy high, sell low” strategy. A whale with the address 0xFB3B transferred 58.6 million ASTER ($92.3 million) to Daniel Larimer's (EOS founder) Binance account. The investor, who bought at an average price of $1.57, still holds 14.1 million ASTER ($18 million). His total loss exceeded $23 million. *This is not investment advice. Continue Reading: Here’s What Major Altcoin Whales Did During the Drop – What They Bought and Sold

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