Altcoin whales continue to trade. The biggest investors are called whales who have over $1 million in cryptocurrencies in their wallets. However, this amount is not exact. Covering the 1,000 largest Ethereum (ETH) whales, Whale Stats shares the coins that whales buy and sell the most. cryptocoin.com We are also transferring the list…
Whales bought the most from these 10 altcoin projects
Looking at the list of Whale Stats, it is seen that in the last 24 hours, whales holding large amounts of coins have turned to stablecoins. Stablecoins are a class of cryptocurrency that seeks to maintain price stability and are backed by a reserve asset. Stablecoins have gained traction as they strive to offer instant processing, security, and volatility-free stable valuations of fiat currencies.
It’s also obvious that whales are embracing stablecoins in the often uncertain market situation. According to the data, whales turned to Tether (USDT), the largest stablecoin by market cap, with an average purchase of $418,398. Following USDT is Binance USD (BUSD) with $130,347 purchase, and Dai (DAI) with 19,276. The whole list is as follows:
- Tether (USDT)
- Binance USD (BUSD)
- Dai (DAI)
- Ethereum (ETH)
- USD Coin (USDC)
- Convex Finance (CVX)
- BarnBridge (BOND)
- True USD (TUSD)
- Gala Games (GALA)
- Badger (BADGER)
What altcoins did the whales sell?
Stablecoins are among the top sellers, as are the coins most bought by whales over the past day. At the top of the top 10 most sold (sorted by USD value) tokens in the top 1,000 Ethereum wallets comes USDT with an average of $228,471 and USDC worth $96,956, according to Whale Stats. Apart from that, unlike the others, the list includes Chiliz (CHZ) and BEAR Coin (BEAR), which are focused on the fan token space. You can see the full list below:
- Tether (USDT)
- USD Coin (USDC)
- Binance USD (BUSD)
- Ethereum (ETH)
- Chainlink (LINK)
- Chiliz (CHZ)
- True USD (TUSD)
- BEAR Coin (BEAR)
- Convex Finance (CVX)
- BarnBridge (BOND)
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