Huge Whales Sell These Altcoins While Buying These NFT Tokens!

The top 1,000 Ethereum whales tracked by WhaleStats have focused on these NFT tokens in the past 24 hours.
 Huge Whales Sell These Altcoins While Buying These NFT Tokens!
READING NOW Huge Whales Sell These Altcoins While Buying These NFT Tokens!

The latest developments from the NFT market included a new group of services from the US-based fintech giant Stripe that offers fiat payments for NFT and cryptocurrencies. Meanwhile, a recent report by analysts led by Stephanie Wissink estimates the total value of the NFT market to be over $35 billion for 2022 and over $80 billion for 2025. On the other hand, altcoin projects designed to address a variety of use cases are trying to overcome the macroeconomic selling pressure. In this article, let’s take a look at which NFT tokens and collectibles the biggest Ethereum whales are buying and which altcoins they are selling.

Altcoin whales dispose of these tokens

The top 1,000 Ethereum whales tracked by WhaleStats have disposed of stablecoin giants such as USDT, USDC, BUSD and UST in the past 24 hours. Apart from Ethereum (ETH), we see whales increasing their Phantom (FTM) and Chainlink (LINK) transactions. FTM and LINK were on the best-seller lists, and were collected in large quantities by some whales in the process. Another eye-catching token on the list may be the metaverse-oriented Sandbox (SAND). SAND saw sales of $24,000 in the past hour and is positioned at the ninth place on the list.

PAX Gold (PAXG), a tokenized gold token, each of which is based on gold, saw sales of 43 thousand dollars in this process. While the list is completed with NEXO, the native cryptocurrency of the Nexo platform, the list of altcoin projects that whales have sold the most in the last 24 hours is as follows.

  1. Tether (USDT)
  2. USD Coin (USDC)
  3. Ethereum (ETH)
  4. Binance USD (BUSD)
  5. Phantom (FTM)
  6. Chainlink (LINK)
  7. PAX Gold (PAXG)
  8. Wrapped UST Token (UST)
  9. The Sandbox (SAND)
  10. Nexo (NEXO)

Whales buy these NFT tokens

The table below shows the top 1,000 Ethereum whales transacted (number of transactions) in the last 30 days shows 5 NFT token projects (sorted by order). GUCCI is a 250-piece NFT collection designed by Gucci’s head of design, Alessandro Michele, in collaboration with Superplastic. IMAGINARY and Elon Musk Rocket Factory (ROCKET), the 8888 unique 3D NFT collection published on the Ethereum network, are the other NFT collections most traded by whales during this period.

The overview of the list with the above tokens is as follows:

  • GUCCI
  • IMAGINARY
  • ROCKET

Here you can find altcoins that an Ethereum whale known as “Gimli” bought during the day, which we transferred asKriptokoin.com.

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