Whales Attacked MATIC and These 4 Altcoins Bought by Turks!

One of the ways to profit in the cryptocurrency market could be to follow the latest trades of big investors, whales. This gives us an idea of ​​which altcoins veteran investors fill their wallets with. Current on-chain analysis shows that whales are now circling MATIC and this altcoin.

Crypto whales buy MATIC and these 4 altcoins

First-line Polygon (MATIC) has partnered with Disney, Starbucks, Adidas, Meta, Stripe, and many others who want to break into Web3. As Kriptokoin.com, we have included the companies that Polygon has been collaborating with since last year in this article. Meanwhile, whales rush to collect MATIC. Towards the end of January, a whale added 59 million MATIC to its wallet. This was an investment worth approximately $55 million. As a result, MATIC’s price gained 20% with the purchase of loaded whales.

So, whale statistics tell us that among all Ethereum-based tokens, MATIC is at the center. Whales currently own 3.86% of the MATIC supply. That’s an average of 1.89 million MATIC per wallet in the top 100. Currently, there are 1.3 million MATICs per wallet.

Cardano (ADA)

ADA is another well-established altcoin that whales have added to their wallets. This year, ADA has already seen a 60% price increase. On January 1, it was just under a quarter dollar. It is now trading at the 7th place in market cap at $0.38.

Meanwhile, the whales continued to purchase ADA. As of the beginning of February, there was a significant increase in whale transactions. We see 1700 txs over 100k dollars per day. Whales and sharks are busy accumulating ADA. ADA provides all this attraction with a new stablecoin and various projects.

AAVE (AAVE)

AAVE has been in the limelight lately. It saw a 60% price increase in January. They did not miss this uptrend in whales. In January, more than 100 whale transactions with at least $100,000 took place. Many BSC whales have purchased AAVE. Ethereum’s whales hold almost 1% of their assets in AAVE. This amount is currently $47.9 million. Here are some examples of the main Aave innovations that attract whales:

• Aave has a new stablecoin: GHO. It is live on testnet now.
• The end of January saw the community give the green light for Aave V3 on Ethereum. This offers many new features.
• Adding stablecoins and liquid staking derivatives (LSDs)
• Reduction of gas prices by 20-25%.

stablecoins

Among the main cryptocurrencies that whales are interested in are stablecoin giants USDC and USDT. We see 2 stablecoins occupy a 30% position in Ethereum whale wallets:

• USDC holds a 15.83% position ($778 million).
• USDT’s whale wallet is worth 14.13 percent ($694 million).