Whale Collects an Altcoin Worth Millions of Dollars from Binance!

A crypto whale is making purchases worth millions of dollars from the decentralized finance sector’s pioneering project. According to on-chain analysis platform Lookonchain, a crypto whale stands out with its purchases of dYdX (DYDX), which operates as a decentralized exchange (DEX). The data revealed that on March 26, the whale bought 1.86 million DYDX worth $6.56 million through Binance. With this latest purchase, the whale’s DYDX holdings have risen to $13.58 million. The wallet opened just 40 days ago has not invested in any other crypto project apart from DYDX. The whale’s substantial purchases have highlighted expectations for the future of the altcoin project. According to CoinGecko data, DYDX has shown a 7% increase in the last 24 hours, currently trading at $3.65.