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Crypto Whale Accumulates Millions of Dollars Worth of PNUT and GOAT Meme Coins

Patricia Arquette
Release: 2024-11-17 00:54:14
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Crypto whales continued to remain bullish on newly listed tokens on Binance — Peanut the Squirrel and Goatseus Maximus. On Saturday, a whale withdrew

Crypto Whale Accumulates Millions of Dollars Worth of PNUT and GOAT Meme Coins

Crypto whales have shown bullish interest in newly listed tokens on Binance, including Peanut the Squirrel (PNUT) and Goatseus Maximus (GOAT). On Saturday, a whale withdrew $7.12 million worth of PNUT from Binance as the price surged by 2000% in a week.

The whale also holds GOAT, which saw a price increase of 60% in the past week. This whale activity signals a growing interest in meme coins.

According to Solscan, a crypto whale withdrew 3.848 million PNUT from Binance to a personal address on November 16. The total value of this transfer was $7.12 million. This movement is significant as crypto whales are known to indicate upcoming market movements. Notably, PNUT price has skyrocketed a massive 2000% over the week.

In addition to PNUT, the whale made another notable move with GOAT recently. The trader spent $6.1 million to buy 10 million GOAT tokens at an average price of $0.61. GOAT, which saw a recent price surge of 60%, has now risen by 90% since the whale purchase.

The whale is currently sitting on a floating profit of $5.5 million from this investment. This price increase aligns with the broader rise in meme coins, with a particular focus on the Solana blockchain. As PNUT continues to trade at an all-time high, its potential for further gains continues to attract the attention of crypto investors and traders.

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