Whales Are Jumping On These NFTs As They Sell These Altcoin Projects!

While Bitcoin (BTC) broke the $44k resistance with strong buyers, the altcoin market is trying to quickly make up for the losses of the last weeks. Solana (SOL), Terra (LUNA) and Avalanche (AVAX) gained around 20% in the last 24-hour timeframe. In this article, let’s take a look at which altcoin projects the Ethereum (ETH) whales are selling and which NFT tokens are buying in parallel with the market rise.

Altcoin whales are selling these tokens

Data provided by WhaleStats shows that the top 1,000 Ethereum whales have sold the most stablecoins such as USDT, USDC and BUSD over the last 24-hour period. Ethereum saw more than $2 million in sales in fiat in the same period, while USDT and USDC saw an average of $1 million in sales by whales. Fifth on the list is crypto finance protocol Aave (AAVE), with the last 24-hour trading volume between whales at $200,000.

Notable cryptocurrencies on the list can be Immutable X (IMX) and Yield Guild Games (YGG). cryptocoin.com As we reported, Ethereum whales have increased IMX and YGG token transactions in the last 24 hours. With these cryptocurrencies we mentioned, the general view of the list is as follows.

  1. Ethereum (ETH)
  2. Tether (USDT)
  3. USD Coin (USDC)
  4. Binance USD (BUSD)
  5. AAVE (AAVE)
  6. Chainlink (LINK)
  7. Wrapped BTC (WBTC)
  8. Polygon (MATIC)
  9. Immutable X (IMX)
  10. Yield Guild Games (YGG)

NFT tokens most bought by whales

A forecast by DappRadar suggests that the NFT market will be remembered for the year “2021,” with trade volume exceeding $23 billion in 2021, garnering a massive 230-fold increase from $100 million in 2020 alone. In the current market boom, Ethereum whales are accumulating NFT tokens below, according to WhaleStats data.

Ethereum whales are trading the most with the following NFT tokens, most notably the GUCCI collection designed by Gucci’s head of design, Alessandro Michele, in collaboration with Superplastic.

  1. GUCCI
  2. IMAGINARY
  3. GUCCI
  4. METROBLOCK
  5. friends

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