The smart money that previously profited $1.67 million from FTM transactions has recently bought three types of altcoins: MKR, FTM and PEPE
According to Lookonchain monitoring, smart money holds assets worth 23.3 million USD, previously profiting 1.67 million USD from trading FTM, and recently buying MKR, FTM and PEPE altcoins; On May 7th, it spent 726 ETH (2.26 million USD) to buy 3.18 million FTM and sold 3.39 million FTM at a price of $0.83 on March 19th (2.8 million USD); Three hours ago it spent $1.25m to buy 464 MKR at a price of $2697 each, and on April 30th it spent 379 ETH ($1.22m) to buy another batch of MKR - this time getting only about half as many coins for the same amount of money due to the higher purchase price ($2846 per coin). On May 8th they bought an enormous quantity of PEPE: some seventy billion coins for a total cost of $558k.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Benchmark analyst reiterates "Buy" rating on Japanese crypto company Metaplanet

GAIN official: Investigating issues related to abnormal token over-issuance
Data: 10 addresses received a total of 210,000 ETH within 6 hours, worth approximately $863 millions.