Ethereum Whales Keep Holding These Three Altcoins During Recent Drops!

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Macro-level economic and geopolitical problems continue to negatively affect the cryptocurrency markets. However, this negative mood in the markets is trying to turn some Ethereum whales into opportunities. In the last 24 hours, while the Bitcoin price has regressed to the $40,000 band, Ethereum whales also creates an opportunity to make money in these declines.

Ethereum whales have had their eyes on three altcoins during these drops.

Ethereum (ETH)

The altcoin at the top of the list is actually both surprising and not. Ethereum whales, of course, will want to accumulate more ETH during price drops, as there are investors with a large number of ETH in their hands. ETH whales hold 40,651 ETH tokens worth approximately $125 million.

Ethereum experienced a decline to the $ 3000 level. Recent events, however, have brought its price down to $2900.

Shiba Inu (SHIB)

Shiba Inu (SHIB) The community is making a show of strength and joining forces to prove that SHIB is permanent. According to data shared by Whalestats, the Shiba Inu ranked second among the top three tokens held in the last 24 hours by the top 1000 Ethereum Whales.

With 54,330,197,125 tokens worth $1,696,506, Shiba Inu is definitely an altcoin of interest among ETH whales. The Shib Army is working hard to ensure that SHIB stays on everyone’s radar. The community continues to strive tirelessly for the deserved popularity of the meme coin.

FTX Token (FTT)

FTX took third place with a total of 36,282 tokens worth $1,661,924. FTX recently ran an ad for the 2022 NFL Superbowl, and it undoubtedly seems to have paid off. Ethereum whales have definitely noticed FTX’s efforts. This is really an important step for the token. This year’s Superbowl was filled with crypto, with NFT advocate and musician Snoop Dogg as well as many big crypto names taking center stage at halftime with Eminem.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.


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