$163k USDT Whales Snap Up 3.48M $4Stock Units Amid Altcoin Accumulation Frenzy

A recent on-chain transaction has revealed that a crypto whale spent 163,256 USDT to acquire 3.48 million units of $4Stock.

This is not an isolated move for this whale, as they have already invested $4.73 million in PONS, UNI, AAVE, and CASHCAT, according to data from Lookonchain.

The same address later rotated out of UNI into FORM, selling 156,452 units of UNI for 1,074,061 USDC before buying 355,175 units of FORM with 99,509 USDT.

This on-chain activity has raised concerns about concentrated altcoin accumulation ahead of liquidity shifts.