While Bitcoin (BTC) broke the $44k resistance with strong buyers, the altcoin market is trying to quickly recoup the losses of the last weeks. Solana (SOL), Terra (LUNA) and Avalanche (AVAX) gained around 20% in the last 24-hour timeframe. In this article, let’s take a look at which altcoin projects the Ethereum (ETH) whales are selling and which NFT tokens are buying in parallel with the market rise.
Altcoin whales are selling these tokens
Data provided by WhaleStats shows that the top 1,000 Ethereum whales sold the most stablecoins such as USDT, USDC and BUSD over the past 24 hours. Ethereum saw more than $2 million in sales in fiat in the same period, while USDT and USDC saw an average of $1 million in sales by whales. Fifth on the list is crypto finance protocol Aave (AAVE), with the last 24-hour trading volume between whales at $200,000.
The notable cryptocurrencies of the list can be Immutable X (IMX) and Yield Guild Games (YGG). As quoted by Kriptokoin.com, Ethereum whales have increased their IMX and YGG token transactions in the last 24 hours. With these cryptocurrencies we mentioned, the general view of the list is as follows.
- Ethereum (ETH)
- Tether (USDT)
- USD Coin (USDC)
- Binance USD (BUSD)
- Aave (AAVE)
- Chainlink (LINK)
- Wrapped BTC (WBTC)
- Polygon (MATIC)
- Immutable X (IMX)
- Yield Guild Games (YGG)
Whales top buy NFT tokens
An estimate by DappRadar, with trade volume exceeding $23 billion in 2021, only He claims that the NFT market, which has collected a large volume in 2020, 230 times increase from $ 100 million, will be remembered with the year “2021”. In the current market boom, Ethereum whales are accumulating NFT tokens below, according to WhaleStats data.
Ethereum whales are most traded in the following NFT tokens, notably the GUCCI collection designed by Gucci head of design Alessandro Michele in collaboration with Superplastic.
- GUCCI
- IMAGINARY
- GUCCI
- METROBLOCK
- Friends
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