A prominent crypto whale, known for dominating holdings in $SWARMS and $ZAILGO, made a strategic move into $SPORES last night.
This investment has already paid off handsomely, delivering an impressive 133% return in just hours.
Using a secondary address, EHB8Q…FjNay, the whale exchanged portions of their $ZAILGO and $SWARMS holdings to acquire 30.09 million $SPORES tokens at a cost of just $0.003448 per token. With $SPORES now trading at $0.008028, this move has resulted in a combined floating profit of $123,000 across two addresses.
This whale has solidified its reputation as a major player in multiple tokens. Its current top holdings include:
– $SWARMS: The whale holds the largest position, making them the top address for this token.
– $MCS: Ranked among the top three holding addresses.
– $ZAILGO: Holds the second-largest position.
– $SPORES: Now ranks as the second-largest address for this token as well.
– $IFSCI: Listed as the 28th-largest holding address.
The whale’s aggressive investment strategy showcases a pattern of diversifying into high-potential tokens while maintaining significant influence in established projects. Their recent pivot to $SPORES highlights their knack for spotting opportunities early and leveraging their holdings for maximum returns.
As $SPORES continues its upward trajectory, the whale’s ability to dominate multiple tokens simultaneously reinforces their status as a market-shaping force. Their moves are a clear indicator of how strategic investments can yield substantial profits in the ever-dynamic crypto landscape.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!
Image Source: jtdee23/123RF // Image Effects by Colorcinch
As the blockchain ecosystem continues to evolve, modular blockchains are emerging as a promising frontier,…
MetaMask wants its own stablecoin. It’s calling it MetaMask USD (mmUSD). And if the recent…
Spartan’s $250K Lambo Challenge Tops 2025’s Crypto Gambling Prize War with Stake & Betway Crypto…
SharpLink is leaning hard into Ethereum. They buy. They stake. They hold. Ethereum currently trades…
After months of consolidation, Cardano (ADA) is regaining investor attention thanks to renewed forecasts projecting…
Whales are back—and this time, they’re not making noise. Despite the relative calm in prices,…