The cryptocurrency market is showing bullish momentum today as many altcoins have turned green. While the Fed recently announced a significant increase in interest rates that could create bearish momentum for the crypto markets, Bitcoin and Ethereum are showing no signs of decline. However, with many altcoins up around 3%, including Dogecoin, the biggest ETH whales were quick to buy APE, MKR, and SNX.
ETH whales most bought these altcoins today
The top 100 Ethereum whales tracked by WhaleStats have increased their trading in USDT, USDC, DAU and UST stablecoins over the past 24 hours. Wrapped Bitcoin (WBTC), a tokenized version of Bitcoin (BTC) that runs on Ethereum (ETH), ranks 4th on the list with $51,000 in a single transaction. Interestingly, ApeCoin (APE)’s highly anticipated virtual world Otherside Metaverse seems to have piqued the interest of land sale whales. Ethereum whales have been keeping the metaverse coin at the top of this list for a while, alongside $15,000 of APE purchases in the last 24 hours. As Kriptokoin.com, we have discussed the news waiting for Apecoin in this article.
Further down the list, Ethereum-based DAO and stablecoin liquidity resource Maker (MKR) is 8th, liquidity solution Wootrade (WOO) is 9th with $5,000, and Ethereum-based Synthetix (SNX), a synthetic asset (Synth) protocol, is in last place. List of most bought altcoin projects among the top 100 ETH whales in the past 24 hours:
- Tether (USDT)
- USD Coin (USDC)
- Ethereum ( ETH)
- Wrapped Bitcoin (WBTC)
- Apecoin (APE)
- DAI (DAI)
- Wrapped UST Token (UST)
- Maker (MKR)
- Wootrade (WOO)
- Synthetix (SNX)
Most traded small volume altcoin projects
At the end Let’s list the most traded small-volume altcoin projects among the top 100 ETH whales. These altcoins have a market capitalization of between $5 and $15 million. The first-ranked PAR Stablecoin (PAR) is the company that develops DeFi tools. While the top 3 altcoins have been completed along with DG and SFG, it is possible to see typical whale tokens such as HDRN and PPT in this list.
List overview:
- PAR Stablecoin (PAR)
- DeGate Token (DG)
- Stable Finance Governance Token (SFG)
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