Whale bought $4.85M worth of BEAM on chain for the first time

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Dec 09, 2024

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Whale bought $4.85M worth of BEAM on chain for the first time

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Related addresses

0xb383ecaf14c9da9a7b72f192fdc501da1dceeece

Total tokens transferred

1.292K

WETH

149.064M

BEAM

Whale 0xb38 spent 1,292 WETH ($4.85M) to buy 149.064M BEAM at an average price of $0.03255 in the past 10 hours:

address: 0xb383ecaf14c9da9a7b72f192fdc501da1dceeece

Notably, this marked the whale's first BEAM trade.

Before BEAM, the whale had made an estimated profit of $3.09M (+27%) from LINK in just 16 days in November:

bought 1.019M LINK using 4,594 STETH ($11.45M) at an average price of $11.235 from November 1 to 4, 2024.
sold all tokens for 2,671 STETH and 1,936.8 WETH (total: $14.5M) at an average price of $14.265 on November 16 and 17, 2024.

The BEAM price dropped 13.53% in the past 24 hours, mostly due to the recent market crash.

Fig 1. Whale 0xb38 bought 149.064M BEAM ($4.85M) in the past 10 hours.

Fig 2. The overall LINK trading history of whale 0xb38.

#beam

#first time

#buy

#profit

#big

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Whale 0xb38 bought $4.85M worth of BEAM on chain for the first time

Last synced: Dec 10, 06:26

Related signals

2024 Dec 13 - 12:54

Whale further bought $1.64M worth of BEAM in one transaction

Big whale 0x655 further swapped 353.8 WSTETH ($1.64M) for 46M BEAM ($1.64M), bringing its 15-hour total purchase to 189.55M BEAM at $0.03515 on average ($6.7M). Besides BEAM, the whale has bought $28.97M worth of PEPE, FTM, and AERO since December 1.

2024 Nov 02 - 12:36

A whale swapped 2.674K STETH to 590.7K LINK ($6.7M) in the past 24 hours

Whale 0xb38 swapped 2.674K STETH for 590.7K LINK ($6.7M) in the past 24 hours. It still holds 1,923 STETH ($4.8M) and may make additional swaps in the future. It is unclear why the whale chose to bet on LINK over STETH after holding STETH for 7 months.

2024 Oct 11 - 16:50

Wallet linked to Merit Circle deposited 105M BEAM ($1.61M) to CEXs

Wallet 0x9ec (likely Merit Circle) just deposited 105M BEAM ($1.61M) to Binance and Bybit. Notably, the wallet received 370M BEAM (then $5.74M) from Merit Circle's BEAM Treasury wallet on October 8, 2024, and now still holds 265M BEAM ($4.06M).