Whales Move Massive Amounts of Cryptocurrency, Driving Altcoin Trading

Recent high-volume transfers from large investors, or whales, have sparked significant activity across the cryptocurrency market. These transactions involve both memecoins and major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). 27.37 million VALOR tokens worth approximately $240,000 were recently added to a wallet associated with Trump’s team, marking the second-largest holding in their portfolio after the Trump token itself. Another notable transfer saw an anonymous user move 523.39 SOL (approximately $100,500) from Binance into a new account and purchase 4.8 million GHOST tokens. A dormant whale with three months’ worth of inactivity has moved 9,000 ETH (around $3.46 billion) from Bitget exchange. This same whale continues to stake approximately $584 million in ETH through Lido Finance. An