Bitcoin bulls have started the new week with the price holding above the $40,000 support. Ethereum, BNB, XRP, Solana and other major altcoins have lost more than 10% since last week. As prices return to mid-March levels, the biggest Ethereum whales are stocking a number of altcoin projects, notably APE, QASH and GALA.
Ethereum whales buying these altcoins on the decline
According to the WhaleStats chart below, USDT, USDC and BUSD are the most traded stablecoins in the past 24 hour time frame. Ethereum is in third place with a purchase of $ 172 thousand, while the cryptocurrency of the FTX exchange FTT is in fourth place with $ 171 thousand. ApeCoin (APE), the native token of the Bored Ape Yacht Club (BAYC) NFT collection, has become one of the most drop-resistant tokens with massive whale support despite the current market correction. Apecoin has been involved in purchases of $61k in the last 24 hours and is trading just over $10.
Along with the above tokens, the 10 most purchased altcoins by Ethereum whales:
- Tether (USDT)
- USD Coin (USDC)
- Ethereum (ETH)
- FTX Token (FTT)
- Binance (BUSD)
- Apecoin (APE)
- QASH (QASH)
- renBTC (renBTC)
- Wootrade Network (WOO)
- Gala Games (GALA)
Whale wallets In the second part, let’s list the 10 most traded altcoins among Ethereum whales with a market capitalization of between 5 and 15 million dollars. These cryptocurrencies are designed to bring various functionalities to the Ethereum network. In the list, it is possible to see stablecoin-oriented tokens such as UPI and XIDR.
When we look at the general view of the list, it is seen that typical whale tokens such as UPI, DIS and NOTE are in the first place. Since last week, Ethereum whales have bought the most these small-volume altcoins:
- Pawtocol Network UPI Token (UPI)
- DOSE (DOSE)
- Notional (NOTE)
- Thales DAO Token (THALES)
- XIDR (XIDR)
- MEME Inu (MEME)
- Furucombo (COMBO)
- DOS Network Token (DOS)
- DigitexFutures (DGTX)
- MOVD Token (MOVD)
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