Considering that the cryptocurrency market operates 24/7, it is not surprising that whales, the biggest investors in terms of the amount of altcoin projects they hold, are also active on the weekend. According to ten chain data observed over the past 24 hours, whales entered the weekend by purchasing certain coins. Here are the details…
Whales bought the most from these altcoin projects
For the past 24 hours, whales have focused on stablecoins, according to WhaleStats, which reviews and lists the on-chain transactions of the top 1,000 Ethereum wallets. looks like. As we have also reported as Kriptokoin.com, stablecoins are cryptocurrencies based on an asset. In this case, the whales flock to altcoins are those that are pegged to the US dollar at a one-to-one (1:1) ratio.
Whales seem to have bought the most stablecoin USD Coin (USDC) at almost $750K. After USDC, stablecoins USDT and BUSD come with 330 thousand and 325 thousand dollars. Whales are also buying Ethereum (ETH) at $191,151. Ethereum is the largest altcoin and second largest cryptocurrency by market cap. The full list of the most purchased coins by whales is as follows:
- USD Coin (USD)C
- Tether (USDT)
- Binance USD (BUSD)
- Ethereum (ETH)
- Basic Attention Token (BAT)
- Universal Gold (UPXAU)
- Polygon (MATIC)
- LooksRare (LOOKS)
- Wrapped Bitcoin (WBTC)
- Shiba Inu (SHIB)
Most traded altcoins which ones happened?
Whilst the top whales are in the list above, these are generally high-ranking cryptocurrencies by market cap. If you are curious about the coins that are small in terms of market capitalization and that whales have traded the most in the last 24 hours, you can check the list below:
- FOAM Token (FOAM)
- XIDR (XIDR)
- QUIDD (QUIDD)
- ROOBEE (ROOBEE)
- PAR Stablecoin (PAR)
- 1 World (1WO)
- DOS Network Token ( DOS)
- Spider DAO Token (SPDR)
- Pay Pie (PPP)
- fees.wtf (WTF)
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