Although Bitcoin has fallen below $40,000, the data shows that institutional investors are not yet panicking. According to data provided by CryptoQuant, approximately 30,000 BTC has been withdrawn from the Coinbase exchange since last week. Meanwhile, there is a surge in demand among Ethereum whales for altcoin projects like APE, MANA, GALA, and COMP.
ETH whales are accumulating these altcoins
Bitcoin lost 40 thousand dollars support as it entered the new week. Data provided by WhaleStats shows that ETH whales took shelter in stablecoins such as USDT, BUSD, and USDC in the process. Ethereum (ETH) has been involved in the purchase of $39,000 in the past 24 hours, while COMP, APE, GALA and MANA have reached the top buy lists in the following quantities. Interestingly, after a long hiatus, COMP is positioned at #6, with a reasonable purchase of over $10k.
List overview:
- Tether (USDT)
- Wrapped Ether (WETH)
- Binance USD (BUSD)
- USD Coin (USDC)
- Ethereum (ETH)
- Compound (COMP)
- Apecoin (APE)
- TrueUSD (TUSD)
- Gala Games (GALA)
- Decentraland (MANA)
Most bought small volume altcoin projects
Second In this section, let’s take a look at the most traded small-volume altcoin projects among Ethereum whales, with a market value of $5-15 million. Aiming to create invoice financing for bill buyers and sellers, Populous (PPT) is one of the typical whale tokens in the list of small-volume altcoins.
Small volume altcoin projects most bought by ETH whales since last week:
- APY Governance Token (APY)
- Populous (PPT)
- RipioCreditNetwork (RCN)
- QUIDD (QUIDD)
- PAR Stablecoin (PAR)
- UniTrade (TRADE)
- DOS Network Token (DOS)
- Amon (AMN)
- SpiderDAO Token (SPDR)
- InsureToken (INSURE)
Whales buys these NFT tokens
The WhaleStats table below, which we quoted as Kriptokoin.com, shows the top 5 NFT tokens that have been most traded (sorted by the number of transactions) among the top 1000 Ethereum whales in the last 30 days.
Most traded NFT tokens in the last 30 days:
- MuraFlower
- VS
- APPLE
- TSL
- LV
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