New data from the website of a whale watching platform, the 1,000 largest Avalanche (AVAX) revealed which cryptocurrencies the whale has accumulated.
According to WhaleStats, which has recently started tracking the Ethereum (ETH) rival smart contract platform, deep-pocketed AVAX investors are buying thousands of dollars worth of stablecoins and other altcoins.
We’re going going, back back, to #avax #avax
Excited to announce full WhaleStats support for @avalancheavax chains $AVAX #avalanche
Tracking 1K Avax whales worth $457K hodling 2185 $AVAX and 5 tokens eachhttps://t.co/yxLzRNIgXz
👇🏽 More Avax insights below…see you at LAX 👇🏽
— WhaleStats – the top 1000 Ethereum richlist (@WhaleStats) December 30, 2021
The most purchased token by AVAX whales in the past day is the stablecoin of the Abradacadabra.money lending platform, with an average purchase amount of $14,089 per whale. Magic Internet Money (MIM) it happened.
Avalanche (AVAX) he himself took the second place in the list with an average purchase amount of 13,899 dollars.
Representing USD Coin (USDC) and Tether (USDT) stablecoins on the AVAX blockchain USDC.e and USDT.e ranks third and fourth, respectively.
Decentralized exchange (DEX) platform in fifth place Pangolin (PNG) decentralized reserve currency protocol Wonderland (TIME) It is sixth on the list.
Decentralized exchange based on Avalanche Trader Joe (JOE), It ranks seventh on the list of cryptocurrencies most bought by AVAX whales, followed by Bitcoin and Ethereum tokens bridged to the AVAX protocol. Wrapped Ethereum (WETH.e) and Wrapped Bitcoin (WBTC.e) is watching. The tenth-ranked crypto asset Wrapped Avalanche (WAVAX) The list is completed with.
WhaleStats data also includes crypto assets most hodled by Avalanche whales; AVAX, WETH.e, USDC.e, JOE, USDT.e, MIM, WBTC.e, WAVAX, Wrapped Chainlink (LINK.e) and blockchain-based play-to-win game token Cradaba (CRA) shows that.
Statistics show that Avalanche whales have an average of 2440 AVAX tokens valued at $267,613, while the largest token position by dollar value held by whales overall is in Wrapped Ethereum.
At the time of writing, Avalanche is trading at $109, down nearly 10 percent from a seven-day high of $120, according to data from CoinGecko.
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.