Whales Are Hungry For These Altcoin Projects: Here’s The Detailed Coin List!

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As we enter the last trading day of the week, whales continue to buy various altcoins, according to on-chain data. The data shows that whales are most heavily loaded into Tether (USDT), a US dollar-pegged stablecoin. Apart from that, small altcoins are also in the focus of whales. Here are the details…

Altcoin whales got these in the last 24 hours

According to the ten chain data listed by Whale Stats, the top 1,000 Ethereum whales have purchased $1.03 million USDT over the past day. On the other hand, Ethereum (ETH) $939,704 seems to have been thrown into the baskets as well. If we look at the other altcoins that whales buy the most, we see a table like the one below:

  • Tether (USDT)
  • Ethereum (ETH)
  • USD Coin (USDC)
  • Spell Token (SPELL)
  • Binance USD (BUSD)
  • UMA (UMA)
  • Polygon (MATIC)
  • Phantom (FTM)
  • Shiba Inu (SHIB)
  • Chainlink (LINK)

What were the most traded small altcoins?

Meanwhile, when looking at the most traded altcoins, the existence of coins such as PENDLE and ZUSD, which have been on this list for a while, is again evident. The full list of coins most traded by whales is as follows:

  • Pendle
  • Z.com USD (ZUSD)
  • DOS Network Token (DOS)
  • SpiderDAO Token (SPDR)
  • HYDRO TOKEN (HYDRO)
  • Envoy Token (VOY)
  • Curve.fi DAI/USDC/USDT (3Crv)
  • GATE (GATE)
  • AssangeDAO (JUSTICE)
  • DeGate Token (DG)

What is the latest situation in the market?

After the recent price swings as whales continue to buy the above altcoins, Bitcoin has calmed down on a daily scale and has since remained above the $40,000 price tag. Most altcoins are also relatively stagnant right now. cryptocoin.com As we reported, Bitcoin’s volatility has been quite evident over the past few days, especially on Wednesday morning, when the cryptocurrency skyrocketed to around $3,000 in minutes and approached $42,000.

Experienced Analyst Shared Altcoins and Entry Levels to Buy!

However, the asset fell just as quickly below $39,000, resulting in more than $200 million in liquidation. Then came the news from the US Federal Reserve about interest rates increasing by 25 basis points, which sent BTC down a thousand dollars before reversing all losses almost instantly.

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