This week, Ethereum whales made rare purchases as the cryptocurrency market painted red. According to WhaleStats data, the biggest ETH whales are selling Bitcoin (BTC) while consolidating their wallets with a metaverse coin. Alongside typical whale tokens like APE, SHIB, FTT or SAND, whales have poured millions into a popular altcoin project in the past 24 hours.
Top 10 whales-bought altcoins
Data provided by WhaleStats shows that the top 1,000 Ethereum whales have been trading in stablecoins such as USDT, DAI, USDC and BUSD over the past 24 hours. Ethereum (ETH) topped the list with $1.3 million in purchases, while stablecoins took part in nearly $2 million in transactions during this time. Later in the list, it is possible to see the popular Ethereum-based DEX platform Uniswap and the BYAX-supported NFT coin APE. Whales have purchased UNI and APE for $23,000 and $18,000, respectively, in the last 24 hours. The native cryptocurrency of the FTX exchange, FTT token, completes the list at the bottom with $11,000.
The overview of the list with the above altcoin projects is as follows.
- Ethereum (ETH)
- Tether (USDT)
- DAI (DAI)
- USD Coin (USDC)
- UniSwap (UNI)
- Binance USD (BUSD)
- Apecoin (APE)
- MXC Token (MXC)
- dYdX (DYDX)
- FTX Token (FTT)
Most purchased small-cap cryptocurrencies
The WhaleStats chart below is the most traded altcoin by whales, with volumes in the $5-15 million range shows the . Since last week, DOS, PAR and COMBO have been typical tokens traded in giant wallets. These projects offer various functionalities such as stablecoin, liquidity pool, staking and the like. DigitexFutures, which provides commission-free futures contracts at the price of Bitcoin and Ethereum against the dollar, is one of the popular whale tokens that completed the list in ninth place.
The general view of the list with the above altcoins that we transferred as Cryptokoin.com:
- Rupiah Token (IDRT)
- SideShift Token (XAI)
- Thales DAO Token (THALES)
- XIDR (XIDR)
- Furucombo (COMBO)
- PAR Stablecoin (PAR)
- DOS Network Token (DOS)
- Fees.wtf (WTF)
- DigitexFutures (DGTX)
- WiBX Utility Token (WBX)
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