A big crypto investor, probably an institutional participant, has been making vital strikes out there, in line with on-chain information.
This investor, recognized for holding substantial quantities of altcoins, lately reactivated their pockets and made a notable buy of AIXBT, an altcoin not listed on main platforms like Binance, Bybit, or Coinbase.
The whale’s earlier investments embrace $49.89 million price of AAVE and UNI.
The AIXBT altcoin, which carries appreciable threat resulting from its low market worth and lack of presence on centralized exchanges, was acquired in a transaction totaling $1.3 million via Wintermute.
This current acquisition follows a collection of purchases made by the whale, totaling $6.1 million paid to Wintermute.
Different tokens bought embrace $4.26 million price of AIXBT, $500,000 price of NFTXBT, and $330,000 price of EMP since early December.
As of now, the whale has seen a 50% revenue, equating to $2.15 million, from these altcoin investments.