Over the past day, the cryptocurrency market has started to show signs of recovery. Whales, the biggest cryptocurrency investors, also seem to continue to accumulate. cryptocoin.com as, we convey the altcoin projects in the focus of whales…
Whales bought the top 10 altcoin projects
Whales, major cryptocurrency investors, have flocked to USD Coin (USDC), a US dollar-pegged stablecoin, according to the latest data from Whale Stats, which tracks whales’ on-chain movements. On average, a purchase of $41,727 was made. On the other hand, a coin called Magic Internet Money (MIM) was also on the whales’ radar. According to the data, whales have made an average of $16,533 MIM purchases over the past 24 hours. Whales also bought Ethereum for an average of $7,136. The full list of coins received by whales is as follows:
- USD Coin (USDC)
- Magic Internet Money (MIM)
- Ethereum (ETH)
- Basic Attention Token (BAT)
- Decentraland (MANA)
- The Sandbox (SAND)
- FTX Token (FTT)
- Golden Ratio Token (GRT)
- Shiba Inu (SHIB)
- Axie Infinity (AXS)
Traded small altcoins also attracted attention
On the other hand, we can see the 9 altcoins that whales traded the most during the past day. According to Whale Stats, whales traded SparkPoint (SRK) the most among smaller market cap coins. Behind SRK comes the Bitpanda Ecosystem Token (BEST). This token is traded as a utility token of the cryptocurrency exchange Bitpanda. On the other hand, Braintrust (BTRST) seems to have caught the attention of whales among small market cap altcoins.
After Braintrust, Decentral Games (DG), Meme (MEME), Moss Carbon Credit (MCO2), Seele (SEELE), AssangeDAO (JUSTICE) and Taraxa (TARA) are also the most traded coins among whales. As we reported earlier, the term “whale” is used to describe a person or persons who hold a large amount of a particular cryptocurrency. There is no exact threshold for this definition.
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