As the cryptocurrency market turns green, the world’s largest Ethereum (ETH) whales are adding several altcoins to their stash in the decentralized finance (DeFi) sector.
According to data from WhaleStats, a popular blockchain tracking platform, the top 1,000 Ethereum whales in the last 24 hours, including Circle’s USDC, Binance’s BUSD, Maker’s DAI and Tether (USDT). It accumulates a number of stablecoins.
Stablecoins and ETH as well as whales, lending and borrowing protocol compound and its governance token COMP is interested in. Behind ETH and stablecoins, COMP was the most bought cryptocurrency among the top 1000 Ethereum whales in the last 24 hours.
Right behind COMP is a protocol that allows the issuance of synthetic tradable assets such as commodities or indices on Ethereum. Synthetix (SNX) exists. At the time of writing, SNX ranks as the 2nd most bought altcoin among Ethereum’s biggest whales.
Following SNX, an indexing technology and a worldwide API aimed at organizing blockchain data. The Graph (GRT) is coming. Struggling for the past year, GRT is now trading at a steep annual decline of over 80 percent. In addition, GRT is the third most bought altcoin among Ethereum’s top 1000 whales at the time of writing and has experienced an 18 percent increase in the last two weeks.
The cryptocurrency, which ranks fourth among the DeFi altcoins collected by ETH whales, is one of the pioneers of Ethereum-based decentralized exchanges (DEX). Uniswap (UNI). According to WhaleStats, Ethereum whales have purchased an average of 42 UNI tokens in the last 24 hours.
Ethereum (ETH) itself is up 28% in the last seven days and is currently trading at just over $1500.
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.