After the Fed’s interest rate decision dated May 4, the slight rise in the crypto money market left its place to double-digit losses, accompanied by Bitcoin, which fell below 36 thousand dollars. Ethereum, Solana, Cardano and Avalanche fell below critical support levels. Meanwhile, there were changes in the top 10 rankings between Cardano, Terra and TerraUSD. So, which altcoins/tokens are whales accumulating in current market conditions? Let’s answer with WhaleStats data…
ETH whales are buying these altcoin projects today
Top 100 Ethereum whales followed by WhaleStats, ETH, USDC and He bought a large amount of Apecoin (APE) and Loopring (LRC), especially USDT. BAYC-backed NFT token APE has been at the top of the list of the most purchased altcoins since last week, as we have included in the analysis of Cryptokoin.com . The massive demand for Apecoin had at one point forced Binance to halt transactions.
The top 10 most purchased cryptocurrencies are as follows.
- Etheruem (ETH)
- USD Coin (UDSC)
- Tether (USDT)
- Apecoin (APE)
- Loopring (LRC)
- API3 (API3)
- Audius (AUDIO)
- Chiliz (CHZ)
- Yearn.finance (YFI)
- Phantom (FTM)
Next in the list are SHIB, LPT and SNX
Shiba Inu (SHIB), the second largest meme coin by market value ), was involved in a $10,000 purchase in the last 24 hours. SHIB is also the largest dollar position among these whales. Low-value altcoin projects such as SLP and OGN are ranked 10th and 11th, while the list, complete with the popular liquidity protocol Kyber Network Crystal (KNC), is
- OriginToken (OGN)
- Smooth Love Potion (SLP)
- 1INCH Token (1INCH)
- Request (REQ)
- Cartesi Token (CTSI)
- Shiba Inu (SHIB)
- Polymath (POLY)
- Livepeer Token (LPT)
- Synthetix Network Token (SNX)
- Kyber Network Crystal (KNC)
Ethereum whales’ top-selling altcoin projects
While ETH, APE, SHIB, and AUDIO top the top-selling list, whales today feature popular tokens such as SAND, LINK, and UMA. disposes of it.
