Whaling Starts on These Altcoins: Getting Fast!

According to data provided by WhaleStats, whales are accumulating a number of popular altcoin projects such as GALA, LINK, and APE.
 Whaling Starts on These Altcoins: Getting Fast!
READING NOW Whaling Starts on These Altcoins: Getting Fast!

As the cryptocurrency market tries to stabilize after a rapid recovery, its total market cap is approaching $2 trillion. Bitcoin and Ethereum climbed above $40,000 and $3,000 respectively. Meanwhile, whales are accumulating a number of popular altcoin projects such as GALA, LINK, and APE, according to data provided by WhaleStats.

Whales bought these altcoins the most in the last 24 hours

While the cryptocurrency market is trying to compensate for the losses of the weekend with the momentum gained on Tuesday, Ethereum whales are trading ETH, USDC and BUSD, especially USDT. folded. WBTC, which is traded wrapped in the Ethereum network, was involved in the purchase of $ 121 thousand by whales in the process. As Cryptokoin.com reported, during the last drop, there was a jump in the volume of Wrapped Bitcoin (WBTC), which is used to invest in DeFi platforms. It seems that whales keep accumulating in DeFi projects.

Further down the list are Gala Games, Apecoin and Chainlink with purchases under $100,000. The general view is as follows.

  1. Tether (USDT)
  2. Ethereum (ETH)
  3. USD Coin (USDC)
  4. Binance USD (BUSD)
  5. Wrapped BTC (WBTC)
  6. Pax Dollar (PUSP)
  7. Gala Games (GALA)
  8. Apecoin (APE)
  9. Chainlink (LINK)
  10. InsurAce (INSUR)

Best purchased small-cap altcoin projects

The WhaleStats chart below lists the most traded small-cap altcoin projects among ETH whales since last week is showing. These tokens have a market capitalization of between 5-15. Populous (PTT), which provides bill financing for bill buyers and sellers, is an example of a typical whale token. Stablecoins like PAR are on the list.

Small-volume altcoin projects that Ethereum whales trade the most:

  1. FOAM Token (FOAM)
  2. Populous (PPT)
  3. RipioCreditNetwork (RCN)
  4. QUIDD (QUIDD)
  5. PAR Stablecoin (PAR)
  6. 1World (1WO)
  7. Amon (AWN) )
  8. Fees.wtf (WTF)
  9. TORG (TORG)
  10. BotXcoin (BOTX)

Whales buy these NFT tokens

Finally, let’s take a look at the most traded NFT tokens among Ethereum whales. The table below shows the top 5 most traded (ordered by number of transactions) NFT tokens in the top 1,000 Ethereum wallets in the last 30 days.

  1. VS
  2. MuraFlowe
  3. APPLE
  4. LV
  5. APPLE

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