Crypto whales most often stock an exchange token, rather than BTC or SHIB, according to statistics provided by WhaleStats. In this article, let’s take a look at whale wallets with data from the WhaleStats platform, which surveys the 1,000 largest Ethereum whales.
Not SHIB or BTC, whales are accumulating these altcoins
According to WhaleStats data, the cryptocurrency that whales HODL the most is Ethereum (ETH). At the same time, FTX Token (FTT), which has the largest dollar position among whales, ranks second in long-term whale wallets. Shiba Inu (SHIB), the second largest dog-themed crypto by market cap, is in third place. In the past weeks, we’ve seen Ethereum whales buy massive amounts of SHIB and distribute them to anonymous wallets. USD Coin (USDC) and Tether (USDT) are the stablecoin giants of the list. In sixth place we see BEST, the functional cryptocurrency of the BitPanda exchange, followed by OKB, the token of the OKEx exchange. Decentraland (MANA) ranks eighth on the HODL list of whales, while another exchange token CRO is ninth. Crypto.com exchange announced that CRO will now be called “Cronos”. Complementing the HODL list of whales is WBTC, a wrapped token on the Ethereum network.
Widely held token
According to statistics provided by WhaleStats, the governance token of Ethereum-based decentralized exchange UniSwap, INU, is the largest widely held token in whale wallets. crypto currency. UNI is trading at $8.87 at the time of writing and has lost more than 5% in the last 24 hours. Uniswap (UNI) is also the 26th largest cryptocurrency by market cap. We saw him in the top 10 for a long time in 2020.
Largest token position by dollar value
According to WhaleStats statistics, whales’ largest token position is FTX Token (FTT). FTT is fighting intensely with the Shiba Inu (SHIB) for this rank. From time to time, we can see that a large part of the whale portfolios are reserved for SHIB. FTT is on the decline in line with the corrective price movements felt throughout the market. The exchange token is down more than half at $85.02 on Sept. 9 ATH.
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