According to the latest report by Glassnode
, whales have been accumulating Bitcoin aggressively lately, accompanied by large institutional buyers such as Luna Foundation Guard and MicroStrategy. On the other hand, whales living in the Ethereum network have accumulated in a number of altcoin projects, especially SAND, MATIC and LINK since last week…
Ethereum whales stocked these altcoin projects in the last 24 hours
According to the data provided by WhaleStats According to the report, the largest Ethereum whales SAND, MATIC, LNIK FTT and APE have accumulated. Stablecoins USDC, USDDT, and BUSD are involved in nearly $4 million worth of transactions, while, interestingly, Ethereum-based metaverse coin SAND rounds out the list, with $247K being bought by major wallets in the past 24 hours. The cryptocurrency of the FTX exchange, FTT, is the largest token position among the largest ETH whale. The exchange token completes the list at 7th place with a purchase of $32. As we quoted as Kriptokoin.com, Apecoin (APE) has seen millions of whale purchases since its launch in March. APE, which is trading in the $12.5 region at current levels, has gained 5% in the last 24 hours.
Along with the above cryptocurrencies, top 10 altcoins bought by whales in the past 24 hours:
- USD Coin (USDC)
- Ethereum (ETH)
- Tether (USDT)
- The SandBox (SAND)
- DAI (DAI)
- Polygon (MATIC)
- FTX Token (FTT)
- Chainlink (LINK)
- Binance USD (BUSD)
- Apecoin (APE)
Small-volume cryptocurrencies bought by whales
The WhaleStasts chart below shows the smallest-volume altcoins among the top 1,000 Ethereum whales, sorted by the total number of transactions over the past 7 days. These cryptocurrencies have a market capitalization of between $55-15 million.
Most purchased small-volume tokens by whales:
- StakeWise (SWISE)
- O3 Swap Token ( O3)
- SideShift Token (XAI)
- dHedge DAO Token (DHT)
- XIDR (XIDR)
- Finxflo (FXF)
- Kine Governance Token (KINE)
- Furucombo (COMBO)
- PILLAR (PLR)
- PAR Stablecoin (PAR)
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