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.
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.
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.
Check price action
Don’t miss out – sign up and send encrypted email alerts straight to your inbox
Follow me TwitterFacebook and Telegram
Browse the daily mix
Disclaimer: The opinions expressed in The Daily Hodl are not investment advice. Investors need to do their due diligence before making risky investments in Bitcoin, cryptocurrencies or digital assets. Please note that your transfer and transactions are your own responsibility and any loss you may incur is your responsibility. Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets. Also, Daily Hoddle is not an investment advisor. Please note that The Daily Hodl is involved in affiliate marketing.
Featured Images: Shutterstock / ParabolStudio / Natalia Siiatovskaia