Recent cryptocurrency on-chain data reveals a significant shift in the behavior of large investors known as whales. After taking substantial losses on Bitcoin, Ethereum, and Solana, one whale has made notable purchases in two alternative cryptocurrencies (altcoins) – HYPE and FARTCOIN. 715,917 HYPE tokens, worth $29.47 million, were acquired using a portion of his $40.42 million USDC stablecoin holdings. His purchase of the FARTCOIN was slightly less in value at $8.78 million for 7.6 million tokens. These purchases follow the whale’s exit from previous positions in SOL, BTC, and ETH, resulting in a net loss of $2.17 million. The data suggests this whale now appears to be focusing on HYPE and FARTCOIN. Meanwhile, another whale linked to ConsenSys (a prominent Ethereum developer) has been accumulating Ethereum (ETH). This whale spent $14 million buying 5,463 ETH via over-the-counter transactions in the past week. They have also invested a total of $435 million over the last two weeks by purchasing 166,199 ETH at an average price of $2,618 per token. *This is not investment advice.*