Some of the world’s largest Ethereum (ETH) whales are accumulating decentralized oracle network Chainlink (LINK) and several altcoin projects as the cryptocurrency market continues to recover. Here are the altcoins that whales are buying at bottom prices…
Ethereum whales stock Chainlink, Serum and 2 DeFi altcoin projects
According to blockchain tracker WhaleStats, the top 100 Ethereums whale is currently most interested in a pair of stablecoins and more than half a dozen altcoins. ETH-based oracle network Chainlink is in sixth place with an average purchase of $186,693 for 25,576 LINK. Ethereum whales also spent an average of $299,901 for 249,918 SRM. Yield optimization protocol from the DeFi market, Yearn.Finance, is another altcoin that attracts whales. Whales purchased 3 YFI tokens for a total of $25,883 in a short time.
Whales also paid $3,020 for 3,096 1INCH tokens, pushing the decentralized exchange aggregator to 10th place this week. FTX Token (FTT), the native cryptocurrency of the FTX cryptocurrency exchange, is second among whales with an average purchase of $301,121. Rari Governance (RGT), the native token of DeFi company Rari Capital, is eighth on the list, with whales withdrawing 1,482 RGT tokens worth $10,240.
Whales seek new stablecoins
Fei Protocol’s governance token, which aims to integrate the stablecoin economy into DeFi, is Tribe (TRIBE), ninth on the list. For 27,557 TRIBEs, the whales spent an average of $6,936. The two most accumulated stablecoins among ETH whales are US Dollar Coin (USDC) and Tether (USDT), with USDC ranking first among the top 10 popular tokens with an average purchase of over $1.62 million.
Finally, whales spent an average of $241,251 for 119 ETH tokens, pushing Ethereum to fifth place. Meanwhile, as we quote Kriptokoin.com , Chainlink is the most traded altcoin among whales, while FTT Token has surpassed Shia Inu (SHIB) in token position ranking in dollar terms.
