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Token ETH
Token WHITE

Nov 27, 05:07

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Whale pumped WHITE

Inflow

Total tokens transferred

Token ETH

1.170K

ETH

Token WHITE

2.9K

WHITE

Whale 0x117 swapped 1,170 ETH ($2.40M) to 2,900 WHITE:

 

Moreover, whale 0x117 further received 1,748 WHITE from the Hegic deployer, and is now the largest holder of WHITE, holding 4,648 WHITE, or 52.3% of the total supply.

 

Note that the whale received 21,625 ETH (now $44.3M) from the Hegic: Development Fund on October 8, 2023. Whiteheart (WHITE), in turn, is an on-chain hedging protocol that's built on Hegic, so the whale most likely belongs to the development team.

 

The WHITE price just surged up to 765% after the recent purchase!

 

Fig 1. WHITE price surged sharply after the purchase.