Whales, the biggest cryptocurrency investors, haven’t stopped this week either. According to Whale Stats, which provides data on cryptocurrencies in whales’ wallets, investors’ focus this week was on altcoins such as Compound (COMP), ANKR, and stablecoins such as USDT and USDC. Here are the details…
Among the most purchased coins by whales this week is COMP
cryptocoin.com As we have reported, WhaleStats is a platform that provides the latest data on whales. Based on this data, it turns out that whales have been buying stablecoins recently. The top 10 altcoins that whales buy are as follows:
- Tether (USDT): Average purchase of $70,656
- USD Coin (USDC): Average purchase of $68,942
- Wrapped Ethereum WETH): Average purchase of $11,135
- bb-a-USD: Average purchase of $10,409
- wstETH: Average purchase of $10,408
- Compound (COMP): Average purchase of $10,098
- aBTC: Average purchase of $4,179
- WBTC: Average purchase of $4,119
- ANKR: Average purchase of $3,699
The above list includes relatively large cryptocurrencies by market cap. However, whales can also buy cryptocurrencies that are lower than the market value. These include cryptocurrencies such as BlueSparrow, SPDR, ASET, WBX. You can see the 10 most bought cryptocurrencies and the most traded small coins in the list below:
What is the latest situation in the market?
Meanwhile, as we reported, Bitcoin and other cryptocurrencies are gaining momentum. Bitcoin is once again on the attack after increased volatility yesterday and is close to breaking above $21,000. Led by Dogecoin’s massive gains after the Musk-Twitter deal, altcoins are also doing well on a daily scale. The past few days have been significantly more eventful for the crypto industry and market price movements. Bitcoin remained at $19,000 until the middle of the week, when it broke above $20,000 for the first time in nearly 20 days.
After a brief pullback, it started another rise, culminating in a multi-week high near $21,000. The asset pulled back on Friday as the ECB announced its latest 75 basis point rate hike. This brought BTC back to $21,000. Also, more volatility came when the US released personal income figures for September. As a result, Bitcoin’s market cap once again went up to $400 billion. Its dominance over altcoins has taken a slight hit as many altcoins are in the green today.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram and YouTube join our channel!
Risk Disclosure: The articles and articles on Kriptokoin.com do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your own research and due diligence before investing in these currencies. You can lose some or all of your money by investing in Bitcoin and cryptocurrencies. Remember that your transfers and transactions are at your own risk and any losses that may occur are your responsibility. 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, assets or services in this article.
Disclaimer: Advertisements on Kriptokoin.com are carried out through third-party advertising channels. In addition, Kriptokoin.com also includes sponsored articles and press releases on its site. For this reason, advertising links directed from Kriptokoin.com are on the site completely independent of Kriptokoin.com’s approval, and visits and pop-ups directed by advertising links are the responsibility of the user. The advertisements on Kriptokoin.com and the pages directed by the links in the sponsored articles do not bind Kriptokoin.com in any way.
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.