For the past 24 hours, the cryptocurrency market has been dyed red amid tensions between Russia and Ukraine. The total market cap of cryptocurrencies fell 8.3 percent as Bitcoin retreated to $35,000. Meanwhile, whales continue to buy altcoins, according to WhaleStats data. As Kriptokoin.com, we are transferring the altcoins that whales have bought recently…
Whales are buying from these altcoin projects
WhaleStats, which examines the movements of the largest 1,000 Ethereum whales on the network, is one of the biggest crypto money investors in the last 24 hours. shows the 10 altcoins he bought per hour. According to the data, whales bought Ethereum (ETH) the most, spending $105,559 on it. On the other hand, stablecoins such as USDT, BUSD, USDC were among the most purchased. Metaverse and play-to-earn coins like AXS, GALA also seem to be preferred by whales. You can see the full list below:
- Ethereum (ETH)
- Tether (USDT)
- Binance USD (BUSD)
- Polygon (MATIC)
- Chainlink (LINK)
- Axie Infinity (AXS)
- Gala Games (GALA)
- NuCypher (NU)
- Braintrust ( BTRST)
Whales top these 7 altcoins
Most transactions among top 1,000 ETH wallets in last 24 hours When we look at cryptocurrencies with a low market capitalization, SparkPoint (SRK) stands out first with a transaction of 41,803 coins. SRK is followed by PhoenixDAO (PHNX). Next comes Digitex Token (DGTX) and Seele (SEELE). The full list is as follows:
- SparkPoint (SRK)
- Phoenix DAO (PHNX)
- Digitex Token (DGTX)
- Seele (SEELE) )
- Taraxa (TARA)
- WiBX (WBX)
Cryptocurrency market continues to decline
The news that it had launched a “military operation” dropped BTC/USD along with traditional markets. Bitcoin, which is currently trading in line with equities rather than acting as a safe-haven, dropped more than 12.2 percent from Wednesday’s local highs to $34,300, showing an uncertainty of its own. Nearly $200 billion has left the cryptocurrency space in the past 12 hours, causing a massive market crash that has plunged the total market cap to a seven-month low.
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