Yes

>>Large cryptocurrency holders significantly increased their trading during the recent market downturn – see what they bought.

Large cryptocurrency holders significantly increased their trading during the recent market downturn – see what they bought.

crypthub

about 8 hours ago

Market Volatility and Whale Activity

The cryptocurrency market faced a downturn following tariff announcements, yet on-chain data indicated significant whale movements. A large wallet invested heavily in PEPE, holding substantial USDC for further purchases. Ethereum also saw substantial accumulation by large investors, with a new wallet rapidly acquiring a large amount of ETH.

Significant Losses During the Decline

Despite some accumulation, not all whales experienced gains during this period of volatility. Several whales sustained substantial losses on various long positions, including ETH, SOL, and AVAX. These liquidations highlight the risks associated with leveraged trading during market downturns.

Chainlink and Dormant Wallets Reactivate

A long-dormant Chainlink wallet transferred a large quantity of LINK tokens to Binance after a four-month period of inactivity. Another whale, previously inactive for seven months, withdrew ETH from Binance, showing renewed activity. These reactivations suggest a shift in strategies.