Which coins whales are buying up right now and which ones are selling out

Many participants in the crypto community make investment decisions based on information about the actions of large whale investors. Observations show that such market representatives often correctly guess trends. Many of them probably have insider information, which allows them to successfully build a strategy. Therefore, the attention of cryptocommunity participants is drawn to whales

  The BeInCrypto editorial team has found out which coins large investors are buying right now and which coins they are selling off. We tell you what is happening in the ‘world of whales’.   Analysts at Lookonchain believe that large investors are once again interested in AI tokens. They made this assumption after discovering that on 11 February, a whale spent 17,250 SOL ($3.53 million) to purchase 11.11 million ARC tokens at a price of $0.32 per coin. It also purchased 5.48 million ai16z tokens at $0.56 per coin, spending 15,000 SOL ($3.07 million) on them.     Ethereum is also in the whales' crosshairs these days. The Lookonchain team noticed that large investors are willingly withdrawing the second most capitalized cryptocurrency from exchanges. Such actions may speak about the transfer of coins for long-term storage in cold wallets, indicating that whales are not ready to part with ETH.   The whales' interest in Ethereum could be a consequence of the cryptocurrency being bought up by Trump's crypto project team, World Liberty Financial. Earlier, BeInCrypto wrote that market participants see the purchase of ETH by the politician's supporters as a signal of a possible coin dump in the near future.   Also, the World Liberty Financial team is buying up Movement (MOVE) these days, according to Lookonchain. One of the latest purchases of cryptocurrency cost Trump's team more than $150 thousand.   The Strategy team (formerly MicroStrategy), meanwhile, continues to buy bitcoins. As a reminder, Strategy is the largest BTC investor among public companies. As of the time of writing, the organization has $45.8 billion worth of bitcoins in its reserves.   While some whales are buying new coins for their portfolios, others are getting rid of the ones they have already acquired. One large investor decided to abandon Ethena (ENA) on February 11. He first withdrew 17.87 million coins worth $8.78 million from the staking, and afterward sent them to cryptocurrency exchange Binance for deposit. The sale of such a volume of ENA, according to the Lookonchain team's calculations, resulted in a loss of $12 million for the whale. Why a large investor decided to get rid of cryptocurrency, and even to his own detriment - it is unknown. It can be assumed that the whale expects a further decline in the rate of Ethena, which could exacerbate losses.   Whale is also, according to Lookonchain, getting rid of the still recently most discussed memcoin, Fartcoin. One of the cryptocurrency's major investors sold $4.09 million worth of tokens on February 12, having lost $2.21 million from his initial investment. As in the case of ENA, the whale was probably afraid of a further decline in the memcoin's value and hurried to get rid of the asset while losses could be minimized.   At the same time, whales are partially optimistic about the HARRYBOLZ memcoin, which Ilon Musk sold on February 11. The Lookonchain team pointed out that a major cryptocurrency investor partially locked in a profit on the coin, but left 18.97 million coins on the balance sheet for $277 thousand.