Looking at the wallet movements of the top 100 Ethereum (ETH) investors, various altcoin projects stand out with their transaction volume during the last 24 hours. Here are the details…
Altcoin whales trade these cryptocurrencies the most
Whale Stats, which provides analysis for Ethereum whales, that is, for large investors holding the most ETH, has published in the last 24 shared the most traded coins per hour. According to the data, Ethereum (ETH) is the most traded. The average volume amount has exceeded 1.1 million dollars. After ETH comes stablecoins pegged to the US dollar. As Kriptokoin.com , stablecoins are cryptocurrencies that move based on the value of a particular asset. You can see the coins most traded by whales over the past day in the images below:
The largest What do whales have in their wallet?
Meanwhile, Whales Stats has also released a list of the top tokens that have been deposited in the last 24 hours by the biggest Ethereum whales. Whales have now largely shifted their focus and attention to hoarding FTX tokens (FTT) in their wallets. Thus, it ranked FTT as the largest token by dollar value. FTX Token (FTT) is an ERC-20 compliant token exclusive to the well-known crypto derivatives exchange FTX. It serves as a “leveraged token” with no margin maintenance requirement. The giant 100 whales actively invested $810,097,978 to acquire 29,952,301 FTX tokens.
USDC dominated the ranks as the top token held in large numbers by whales. Ethereum whales purchased approximately 918.3 million USDC tokens worth $918.6 million. Other tokens such as Compound Finance (COMP), the Graph (GRT), Polygon (MATIC), ApeCoin (APE), Maker (MKR), Orchid Protocol (OXT), and Gala Games (GALA) were the most purchased tokens. According to CoinMarketCap data, FTT price is changing around $27.05 today.