Whale Makes Waves With $BEAM As Node Sale Approaches

In a bold move, a major crypto whale has turned attention to $BEAM, spending 1,458 $WSTETH (worth $6.7 million) in the last 29 hours to acquire 189.55 million $BEAM tokens at an average price of $0.03515.

This purchase is part of a broader $35.7 million spree that began on December 1, with investments in four tokens:

– $FTM: 10.245 million tokens bought for $13.5M (current loss: $181K)

– $PEPE: 531.7 billion tokens acquired for $11.04M (current profit: $1.94M)

– $BEAM: 189.55 million tokens purchased for $6.7M (current profit: $91.4K)

– $AERO: 2.453 million tokens bought for $4.43M (current profit: $699K)

$BEAM is what this big whale bought next!

In the past 29 hours, the whale spent 1,458 $WSTETH ($6.7M) to buy 189.55M $BEAM at an average price of $0.03515.

Overall, since December 1, the whale has spent $35.7M worth of $ETH to buy 4 tokens, including:

• 10.245M $FTM (cost:… https://t.co/kTVgQqPi4D pic.twitter.com/VEjrmkA52w

— Spot On Chain (@spotonchain) December 14, 2024

The timing is strategic, as $BEAM’s highly anticipated node sale mint is set for next week. Here’s why validators and stakers might find $BEAM an enticing opportunity:

Validators (node owners) gain rewards in premium tokens like $ATH, $ZENT, and $TON through grants and treasury contributions, offering significant passive income potential.

Node operators receive additional rewards from Beam Ventures and Tactical Compute, tied to BEAM’s expansion into global markets like Abu Dhabi and sectors like AI.

Validators will earn gas fees as BEAM launches its L1 blockchain, powered by Avalanche Etna, with the Horizon upgrade arriving in Q1 2025.

Earnings extend to protocol fees, including marketplace, BeamSwap, and Beam Bridge fees, with node stakers receiving 80% of these rewards.

Running nodes not only decentralizes and secures the network but also aligns participants with BEAM’s mission of organic community-driven growth.

Becoming a validator isn’t just about rewards; it’s about taking ownership of the network and treasury while gaining passive ROI. With BEAM’s ecosystem expanding rapidly, node ownership offers a unique opportunity for long-term investors.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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