Ethereum Whales Are Jumping Into Several Altcoins As Bitcoin Fights To Break Above $40,000

According to new data, the world’s largest Ethereum (ETH) whale is swallowing up Stablecoin and other altcoins as Bitcoin (BTC) struggles for less than $40,000.

According to Whale Stats, a whale-watching bot, the top 1,000 non-exchange Ethereum wallets are finally worth hundreds of thousands of dollars in US dollar (USDC), blockchain (USDT), binance USD (BUSD), and ETH itself. I cut for seven days.

Well-funded investors also accumulated an average of $62,569 from Polygon (MATIC), followed by another stablecoin, flexUSD.

Hex ranks seventh with Ethereum whales buying an average of $28,133 in crypto assets designed to replace certificates of deposit.

Chainlink (LINK), a decentralized network oracle, ranks eighth with an average purchase of $27,934.

The Brave and Wrapped Bitcoin (WBTC) anti-advertising web browser utility token, which stands for Bitcoin on Ethereum on a 1:1 basis, is the Basic Observation Token (BAT), which wraps up the list.

Source: WhaleStats

WhaleStats also shows that some of the richest Ethereum whales in existence are making massive private purchases amid the crypto market slump.

I almost bought the Ethereum whale, which is ranked 4th on the planet. 200,000 An amazing value of $3.9 million from LINK 1,000 Maker (MKR) has a net worth of approximately $1.96 million. MKR is an Ethereum-based governance token for MakerDAO, a Decentralized Independent Organization (DAO) used to maintain and regulate the Stablecoin DAI.

141 whale also bought ETH LINK – 86475 $1.69 million worth of tokens, a large wallet also added 1,099,996 Matic has a net worth of $2.24 million.

Finally, an Ethereum whale buys 475 326994 Sushi has a net worth of $1.84 million. SUSHI is a governance token for the distributed crypto exchange platform Sushi Swap.

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Featured Images: Shutterstock / ParabolStudio / Natalia Siiatovskaia

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