Bitcoin (BTC) rose to $42,000 on March 9 as the bulls recaptured support levels. Terra (LUNA) accompanies this momentum with 20% gains, while Ethereum and Solana are trying to make up for the losses of the last days with slight gains. In this article, let’s take a look at which tokens the biggest Ethereum whales tracked by WhaleStats are positioning in current market conditions.
Ethereum whales bought the 10 most altcoins in the last 24 hours
The WhaleStats chart below shows the top-bought altcoins in the last 24 hours by the top 100 Ethereum wallets with an average value of $1.3 billion and an average of 170,677 ETH, 149 tokens and 3 NFTs, after excluding known exchanges and project wallets. According to the data, Ethereum whales added stablecoin giants such as USDC, BUSD, USDT, HUSD to their wallets during the rise. FTT, the cryptocurrency of the FTX exchange, and STORJ, the native cryptocurrency of the cloud storage platform Storj, are other tokens that have been bought a lot during this period. Meanwhile, the announcement of Andre Cronje, one of the legendary DeFi developers, to leave the crypto industry had dragged Phantom (FTM) among the bestsellers in recent days.
The general view of the list is as follows, with Polygon (MATIC) in the tenth place.
USD Coin (USDC)
Binance USD (BUSD)
FTX Token (FTT)
Whales traded the most in these small-volume altcoins
The chart below shows the cryptocurrencies that Ethereum whales have traded the most since last week. We see that Populous (PPT), which aims to create invoice finance for invoice buyers and sellers, is in the first place. The altcoins on the list usually consist of projects with market caps in the range of 5–15 million dollars.
Here is the list of small-volume cryptocurrencies that whales have traded the most since last week:
LinkEye Token (LET)
DOS Network Token (DOS)
Curve.fi DAI/USDC/USDT (3Crv)
Seele Token (Seele )
Pantos Token (PAN)