With the cryptocurrency market pushing the highs of March, the biggest Ethereum whales have been accumulating in Sandbox (SAND) and 4 altcoins since last week.
Whales stocked 5 cryptocurrencies this week
According to data obtained by WhaleStats, the top 100 excluding Ethereum (ETH) and stablecoins (USDT, USDC, BUSD) since last week The primary target of the Ethereum whale was the FTX Token (FTT). Giant wallets spent more than $5.1 million on FTT, the cryptocurrency of FTX, a cryptocurrency derivatives trading platform for futures, leveraged tokens and over-the-counter trading in the seven-day period. Among these whales, the average purchase price for Ethereum was more than $13.8 million.
Ethereum-based oracle platform Chainlink’s native token, LINK, is the third most popular cryptocurrency among ETH whales this week. The top 100 ETH wallets bought more than $370,000 on average in LINK last week. Popular meme coin Shiba Inu (SHIB) ranks fourth on the list. Last week, the top 100 ETH wallets spent an average of $256,691 on SHIB.
Whales increase SAND savings
SAND, the native cryptocurrency of blockchain-based gaming platform The Sandbox, became the sixth favorite cryptocurrency of the biggest wallets of the week. Over the past seven days, the top 100 addresses have spent an average of $207,583 on SAND. Wrapped Bitcoin (WBTC), a currency tied to the BTC price, is likewise being swallowed by Ethereum whales. Last week, the top 100 ETH addresses averaged more than $4.65M in WBTC. As
Kriptokoin.com, a total of $5.19 million in Chainlink (LINK) was purchased in three different transactions by the 32nd largest whale of the Ethereum network. LINK price rose more than 9% during this period, returning some of its gains in sales for the day. Meanwhile, Chainlink surpassed Quant (QNT) to become the most traded token among the top 5000 ETH whales. At current levels, it is trading at $17.58, up 5.43% over the last 24 hours.
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