After hitting new year highs, the cryptocurrency market started April with average drops of 5%. Selling pressure in the altcoin market is intensifying after the European Parliament did not ban anonymous crypto transactions. According to WhaleStats data, Ethereum whales continue to accumulate tokens such as SHIB, LINK and STORJ in this process.
Whales have bought these altcoin projects in the last 24 hours
On April 1, Bitcoin and Ethereum tumbled 5%, while most major altcoins are experiencing similar dips. According to the WhaleStats chart below, the tokens that Ethereum whales are buying the most under current market conditions are stablecoins such as USDC, USDT, and GUSD. Shiba Inu (SHIB), which lost 7% today, took part in the purchase of 51 thousand dollars in the last 24 hours. Blockchain-based distributed data storage platform Storj (STORJ) completes the list with a $19,000 purchase.
Along with the above cryptocurrencies, the most purchased altcoin projects by Ethereum whales are:
- USD Coin (USDC)
- Ethereum (ETH)
- Tether (USDT)
- Shiba Inu (SHIB)
- Binance USD (BUSD)
- Gemini Dollar (GUSD)
- Alpha Token (ALPHA)
- ChainLink (LINK)
- Paxos Gold (PAXG)
- Storj (STORJ)
Top buy small cap altcoins purchased
The WhaleStats chart below shows the most purchased $5-15 million market cap altcoin projects in the last 24 hours. Ethereum staking protocol StakeWise is the most traded altcoin since last week. Typical whale tokens such as PAR and PLR are also seen in the list. As we reported as Kriptokoin.com, PLR has been on the list of altcoins that whales have traded the most for a while.
List of the 10 small-cap cryptocurrencies with the highest total transaction count among the largest Ethereum (ETH) whales since last week:
- StakeWise (SWISE)
- dHedge DAO Token (DHT)
- XIDR (XIDR)
- Finxflo (FXF)
- Tokenomy (TEN)
- Furucombo (COMBO)
- PILLAR (PLR)
- Prosper (PROS)
- Cindicator (CND)
- PAR Stablecoin (PAR)
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