A Bitcoin (BTC) whale that has been silent for over eight years has turned its eyes back to the whale, moving more than $30 million in BTC (May 14). Changes are observed in the behavior of altcoin whales as developments since the beginning of the week are accompanied by a total market capitalization of $ 1.2 trillion.
Ethereum whales buy MANA, COMP and SAND on the decline
According to data provided by whale bots, it was hit by whales on May 14, when Bitcoin was down nearly 3% and was trading below $30,000. Over 43,600 Bitcoins purchased in multiple transactions. However, Bitcoin, which reached $ 30,500 again, is followed by altcoins with an average increase of 3%. Ethereum whales, on the other hand, continued to buy a number of altcoins, especially MANA, COMP, MATIC, SAND, FTM and GALA in this process. The WhaleStats chart below shows which altcoins were bought the most among Ethereum whales on May 15.
Stablecoins USDT and USDC are in the top rows, while the general view of the list dominated by metaverse coins:
- Tether (USDT)
- USD Coin (USDC)
- Ethereum (ETH)
- Decentraland (MANA)
- Compound (COMP)
- Polygon (MATIC)
- The Sandbox (SAND)
- Phantom (FTM)
- Gala Games (GALA)
The most purchased small volume altcoin projects
The chart below shows the most traded small-volume altcoin projects among whales since last week. These altcoins have a market capitalization of between $5-15 million and typical whale tokens are PENDLE and PAR.
A public message that connects to multiple chains, including LUNA (Wormhole), Ethereum, Solana, Terra, BNB Chain, Polygon, Avalanche, and Oasis in fifth place forwarding protocol. The overview of the list is as follows:
- Pendle (PENDLE)
- PAR Stablecoin (PAR)
- MoonRabbit (AAA)
- DeGate Token (DG) )
- LUNA (Wormhole)
Shiba Inu (SHIB), popular among ethereum whales, has not seen major purchases in recent days compared to weeks past. As we reported as Kriptokoin.com, the Shiba Community supports the SHIB token with token burn operations that have reached almost 1 billion.
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