The data platform WhaleStats, which tracks the activities of the richest whales on the Binance chain, shared new insights. Accordingly, a Binance Coin (BNB) whale bought a large amount from an altcoin project.
Giant BNB whale filled its basket with this altcoin
The BNB whale using the nickname “Scarlet Witch” executed the transaction earlier today. Whale bought 400 million DOGE worth $31.66 million, filling his basket with Dogecoin. In the transaction, which took place earlier today, it was noteworthy that the whale paid a low transaction fee of $ 0.11. As reported by Cryptokoin.com , Scarlet Witch is one of the best whales on the Binance Smart Chain. It is also the 74th largest BNB whale in the Binance Smart Chain ecosystem, according to WhaleStats data.
Scarlet Witch’s Dogecoin investment was one of the largest transactions in the last 24 hours. But the giant whale didn’t just play Dogecoin. Accordingly, Scarlet has also invested in other altcoin projects. The BNB wallet has added 26 million Bluzelle (BLZ) tokens worth $4.6 million. He then went to Zilliqa (ZIL) and purchased 48 million ZIL tokens worth $2.3 million. He then headed to CTSI. Whale bought 40 million CTSI. CTSI in this issue is equivalent to $9.2 million.
The biggest crypto investors love Dogecoin (DOGE)
As it is known, small investors prefer to stay in stablecoins as the recent price drop continues. However, crypto whales are taking advantage of their low prices to increase their positions in various altcoin projects. At the time of writing, DOGE was changing hands at around $0.07, down 89.3% from its all-time high. However, despite the massive drop in Dogecoin since last year, the whales have not given up.
Leading cryptocurrency players have always put their weight behind memecoin and filled their baskets. For example, Tesla CEO and founder Elon Musk has always supported the DOGE coin. Similarly, Vladimir Tenev, CEO and co-founder of Robinhood, also gave his support to memecoin. Accordingly, the CEO suggested ways to help Dogecoin become the currency of the internet. Yesterday, however, he publicly declared his love for Dogecoin, naming the cryptocurrency as his best friend.
Dogecoin founder targeted BSC projects
BNB whale Scarlet Witch’s DOGE came after Dogecoin founder called BSC projects garbage. DOGE creator Billy Markus targeted BSC altcoins via his Twitter account last week. The founder said that there is no altcoin in the BSC ecosystem that can qualify as a gem. He then stated that all projects in the Binance ecosystem are garbage. Additionally, he claimed that those who call BSC projects jewelery are scammers.
