Let’s take a look at which altcoins/tokens the Ethereum whales sold and which ones they accumulated in the process, as Bitcoin bulls once again seize the $40,000 level.
Whales divest these altcoin projects
The WhaleStats chart below shows the top selling cryptocurrencies in the last 24-hour timeframe of the top 100 Ethereum whales with an average value of $1,677,404,900 and an average of 160,008 ETH, 183 tokens and 4 NFTs, after excluding known exchanges and project wallets. Derivative products of the FTX exchange BULL and BEAR are the current volatile market ETH whale frequently traded tokens. With the exception of Ethereum, stablecoins USDC, BUSD, and USDT saw sales of around $2 million in the process. The token of the FTX exchange is in the 4th place with $ 420 thousand in FTT.
Next up are the popular altcoin projects BAT, FTM and API3. Whales have been increasing FTM sales for some time now. Here is the overview of the list with these cryptocurrencies:
- Ethereum (ETH)
- USD Coin (USDC)
- Binance USD (BUSD)
- Tether (USDT)
- API3 (API3)
- Basic Attention Token (BAT)
- Phantom (FTM)
- 3X Long Bitcoin Token (BULL)
- 3X Short Bitcoin Token (BEAR)
Small-volume tokens most traded by whales
The chart below shows the 10 cryptocurrencies with the most total transactions among the top 1,000 Ethereum whales in the last 24 hours. Pendle, a protocol for tokenizing yield and an AMM for trading with tokenized returns and other time-decreasing assets, is the most traded small-volume cryptocurrency by whales in the past 7 days. cryptocoin.com You can find the list of NFT tokens that whales trade the most, here.
Here is the overview of the list with the above cryptocurrencies:
- Pendle
- PILLAR (PLR)
- Z.com USD (ZUSD)
- PayPie (PPP)
- NucleusVision (nCash)
- SpiderDAO Token (SPDR)
- HYDRO TOKEN (HYDRO)
- Envoy Token (VOY)
- Shping Coin (SHPING)
- Mass Vehicle Ledger Token (MVL)
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram and YouTube join our channel!
Disclaimer: The articles and articles on Kriptokoin.com do not constitute investment advice. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, asset or service in this article.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.