“Extreme fear” grips the cryptocurrency market as Bitcoin (BTC) slumps to $39,200. Ethereum, Cardano, Luna and Avalanche reacted with double-digit losses to the Fed’s 50bps rate signals. While there is a slight recovery at current levels, Ethereum whales continue to accumulate altcoin projects such as Apecoin, Compound and LINK.
Ethereum whales top-bought altcoins
According to data provided by WhaleStats, the top 1,000 Ethereum whales have traded in stablecoins such as USDC and USDT over the past 24 hours. Interestingly, Wootrade (WOO), which sprouted from the launchpad of Kronos Research and aims to solve the liquidity problems of the cryptocurrency market, is at the top of the list with a purchase of $ 60,000 in a very short time frame. Ethereum (ETH) has experienced a significant decline in this time frame compared to the past days. The leading cryptocurrency ranks fourth with $29,000, completing the top 5 cryptocurrencies with Apecoin (APE).
Along with the above altcoin projects, RenBTC, UNI, COMP, LINK and SHIB round out the last rows:
- USD Coin ( USDC)
- Tether (USDT)
- Wootrade Network (WOO)
- Ethereum (ETH)
- Apecoin (APE)
- renBTC (renBTC)
- UniSwap (UNI)
- Compound (COMP)
- Chainlink (LINK)
- Shiba Inu (SHIB)
Most purchased small volume altcoin projects
In the second part, let’s list the most traded small volume altcoin projects among Ethereum whales. These cryptocurrencies have a market capitalization of between $5 and $15 million. In the list, it is possible to find stablecoins such as PAR and XIDR.
Most traded small-volume altcoin projects among Ethereum whales:
- FOAM Token (FOAM)
- XIDR (XIDR) )
- ROOBEE (ROOBEE)
- PILLAR (PLR)
- PAR Stablecoin (PAR)
- 1World (1WO)
- DOS Network Token (DOS)
- SpiderDAO Token (SPDR)
- PayPie (PPP)
- Fees.wtf (WTF)
Whales this NFT token
As we have included in the analysis of Kriptokoin.com, the total transaction volume of the NFT market exceeded 50 billion dollars in 2022. The chart below shows the most traded NFT tokens among Ethereum whales in the past 30 days.
- Nintendo
- BBRC
- MuraFlower
- VS
- APPLE