Cryptocurrency market fell sharply after Fed’s board member Lael Brainard’s statements before the interest rate decision on the evening of 6 April. Bitcoin, Ethereum, BNB, Solana and almost all major altcoins have returned the gains of the last days within hours. Let’s take a look at which altcoins/tokens Ethereum whales are buying in the current sell-off.
Ethereum whales stockpiled these altcoin projects as selling pressure continues
The 100 largest ETH whales tracked by WhaleStats, including Ethereum (ETH) and stablecoins USDT, USDT in the past 24 hour time frame It attracted attention with its acquisitions of Chainlink (LINK), Apecoin (APE) and Aave (AAVE). USDC, USDT, and BUSD are all involved in nearly $1 million of purchases, while, interestingly, Chainlink is outpacing BUSD at $74k. As quoted by Kriptokoin.com, the LINK price lost 4% in this process. Apecoin (AEP), which has seen purchases of millions of whales since its launch in March, completes the list at 8th place with $33,000 today. Stablecoin-oriented altcoin projects such as DAI and CRV are also seen in the list.
Overview of the list with the above cryptocurrency:
- Ethereum (ETH)
- USD Coin (USDC)
- Tether (USDT)
- Chainlink (LINK)
- Binance USD (BUSD)
- DAI (DAI)
- Wootrade Network (WOO)
- Apecoin (APE)
- Aave (AAVE)
- Curve DAO Token (CRV)
Most purchased small-volume altcoins
The WhaleStats table below shows the 10 small-cap tokens with the highest total transaction count among the top 1,000 Ethereum wallets in the last 24 hours. Typical whale tokens are the PAR stablecoin of Mimo, which develops DeFi tools, and Furucmbo, another DeFi-focused altcoin project.
Most traded small-volume altcoin projects in the last 24 hours:
- O3 Swap Token (O3)
- SideShift Token (XAI)
- dHedge DAO Token (DHT)
- Thales DAO Token (THALES)
- XIDR (XIDR)
- Kine Governance Token (KINE)
- Furucombo (COMBO)
- PAR Stablecoin (PAR)
- Peri Finance Token (PERI)
- DOS Network Token (DOS)
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