Binance Whales Are On The Hunt: They're Buying RACA and These Altcoins! - Coinleaks
Current Date:September 21, 2024

Binance Whales Are On The Hunt: They’re Buying RACA and These Altcoins!

According to Whale Stats, which tracks the movements of the top 100 BNB Chain whales, the top 10 coins have been bought in the past 24 hours. Among the purchased coins, Radio Caca (RACA) stands out. Here are the details…

Binance whales have RACA, CAKE and more on their radar

Whales, the biggest investors in terms of the amount of coins they hold in their wallets, have turned to various altcoins over the past day. In the list below, you can see the projects that BNB Chain (formerly BSC) whales are most attracted to:

  • BSC-USD: The most preferred coin throughout the day by the largest whales was the US dollar-pegged stablecoin. Whales made an average purchase of $46,254.
  • Binance USD (BUSD): Whales have also turned to the stablecoin of Binance, the largest cryptocurrency exchange by trading volume. Investors bought BUSD for $6,241.
  • Binance Coin (BNB): Whales seem to have no hesitation in investing in Binance-related coins. The third altcoin in the focus of whales became BNB with a purchase of $ 3,274
  • USD Coin (USDC):2,800 units were purchased from USDC, one of the largest cryptocurrencies pegged to the US dollar.
  • Bxmi Token (BXMI): Whales bought $2,378 in BXMI token. This equates to about 3,900 tokens.
  • Radio Caca (RACA): cryptocoin.com As we have also reported, RACA, a metaverse coin, has become one of the coins preferred by BSC whales. According to Whale Stats, 2.6 million units were purchased from RACA.
  • MOVEZ (MOVEZ):Balinakar purchased 21,573 MOVEZ tokens.
  • PancakeSwap (CAKE):One of the first decentralized exchanges established on Binance’s network, PancakeSwap’s token CAKE was one of the coins that entered the wallets of whales.
  • Everdome (DOME):The DOME token of Everdome, the metaverse of the Metahero ecosystem, was in the focus of whales with 38,472 token purchases.
  • Centric Swaps (CNS):Finally, whales added 13.2 million CNS to their wallets.

What is the latest situation in the market?

Meanwhile, Bitcoin’s price was in turmoil yesterday when the US Consumer Price Index figures were released. The cryptocurrency initially rallied above $20,000. It then fell below $19,000 for a short time. He liquidated millions of leveraged positions. All in all, after the correction, the price is now back to the $20,000 level.

It goes without saying that the $20,000 area is critical to Bitcoin price. It features multiple moving averages as well as a confluence with an all-time high during the previous furious bull market of 2017-2018. This is the reason why it has been discussed intensely in recent weeks. Currently, the overall cryptocurrency market cap is around $924 billion.