As the Ethereum (ETH), Bitcoin (BTC) and general crypto markets swayed, the biggest ETH investors diversified their altcoin stacks with 7 popular altcoins.
A metaverse coin airdropped to members of the BAYC community by Tuga Labs, creator of the Bored Ape non-fungible token (NFT), according to data from popular whale watching platform WhaleStats. Apecoin (APE)excluding ETH and stablecoins at the time of writing, has taken its place as the most bought altcoin among the largest Ethereum whales.
As previously reported by KoinFinans, APE was also trading as the most traded token yesterday. According to WhaleStats, the top 100 Ethereum whales have an average of 13,826 APE per wallet in their wallets, with a purchase price of $172,216.
Loopring hits whales’ radar again
Another cryptocurrency that attracts the attention of whales is, Zero Knowledge Proof* An Ethereum-based token that allows users to create decentralized exchanges (DEX) using (zero knowledge proof) Looping (LRC). According to the whale watching bot, Ethereum whales in the top 100 list hold 37,880 LRC tokens with an average value of $26,669 per wallet.
The sixth most purchased altcoin among Ethereum’s richest assets is the native token of the API3 project, which aims to integrate traditional application programming interfaces (APIs) into the blockchain world. API3.
Also on the list is the decentralized streaming service Audius (AUDIO)social token platform Chiliz (CHZ)decentralized finance protocol Yearn Finance (YFI) and smart contract platform Phantom (FTM) is located.
Ethereum tops all other crypto assets on the list as deep pocketed investors bought 368 ETH with an average value of $994,008. The other two tokens in the top ten list are popular stablecoins. USD Coin (USDC) and Tether (USDT).
SHIB purchases continue
One of the favorite coins of ETH whales since the end of last year. Shiba Inu (SHIB) continues to face heavy purchases. According to a recent report by WhaleStats, the massive Ethereum whale named “BlueWhale0073” has accumulated 83.43 billion SHIB, worth a total of $1.67M, in three separate transactions in the last 24 hours. However, the whale preferred to transfer these Shiba Inu assets to the mystery wallet rather than keep them.
The data shows that BlueWhale0073 initially purchased 4,318,320,742 (74.31B) SHIBs worth $1.49 million.
🐋 ETH whale “BlueWhale0073” just bought 74,318,320,742 $shib ($1,494,541 USD).
Ranked #226 on WhaleStats: https://t.co/RBupemZyZX
Transaction: https://t.co/UBOKw1chnV#SHIB #ShibArmy
— WhaleStats – BabyWhale ($BBW) (@WhaleStats) May 6, 2022
In addition, Etherscan.io data shows that after this transaction, the giant wallet made two more “Purchases” and added 9,119,916,985 (9.11 billion) more SHIBs worth $183,120 to its portfolio.
You can check the price movements here.
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.