100 Biggest Whales Rushed To These Altcoin Projects Over The Weekend!

Altcoin: As Bitcoin rallies above $21,000, some whales are accumulating again on the Shiba Inu. Apart from SHIB, CRV and FTM have had other altcoin projects that attracted whales. In this article, let’s take a look at what coins Ethereum whales have been buying in the last 24 hours.

Top-bought altcoin projects by Ethereum whales in the last 24 hours

Circle’s stablecoin, USDC, has doubled its market share following the stablecoin crisis in recent months. It seems that whales continue to prefer USDC for DeFi transactions. Today, the 100 largest Ethereum whales have bought around $600,000 worth of USDC. However, Ethereum (ETH) is in second place with $518k. The stablecoin of the Binance network, BUSD, is in third place at $335,000. The top 3 names on the top buy list are usually USDT, USDC and BUSD. But it seems whales are starting to use USDC more and more.

Whale Runs To These Altcoin Projects Over The Weekend

Interestingly, we see Serum (SRM) fourth on the list. Ethereum whales have purchased $18,000 worth of SRM in the last 24 hours. Other notable transactions include SNX, REN, FTT, and MATIC. These coins, which had an average purchase of less than $5,000, are currently on the rise. The general view of the list is as follows.

  1. USD Coin (USDC)
  2. Ethereum (ETH)
  3. Binance USD (BUSD)
  4. Serum (SRM)
  5. Tether (USDT)
  6. Wootrade Network (WOO)
  7. Synthetix Network Token (SNX)
  8. Republic (REN)
  9. FTX Token (FTT)
  10. Polygon (MATIC)

Ethereum whale named “Gimli” bought 1 trillion SHIB

Shiba Inu (SHIB) has recently announced some of its upcoming projects and updates to strengthen its ecosystem. In response to the statement, Ethereum (ETH) whales caused massive accumulation of SHIB tokens.

According to Whalestats, an ETH whale wallet called “Gimli” has gone on a massive buying spree. Bought 1 trillion Shiba Inu in multiple transactions in the last 24 hours. The entire savings is worth approximately $11.34 million.

Giant SHIB Whale's Basket Released: It Has 6 Coins!

By the way, according to the data, the largest transaction recorded by “Gimli” was the purchase of 250 billion SHIB tokens. This acquisition cost him approximately $2.86 million. This move brought Shiba Inu into the top 10 token tally among the 2000 largest Ethereum whales by transaction volume in the past 24 hours. However, this accumulation did not help the price of the SHIB token move much.

AmkNews.com As we covered in their analysis, SHIB recorded a price increase of over 2% in the last 24 hours. The second largest meme coin in the world is trading around $0.000011 at the time of writing.

The most traded altcoin projects by whales

Finally, let’s take a look at the projects that Ethereum whales trade the most. USDC tops the list with over $1.3 million in trades.

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The general view of the list is as follows.

  • USDC
  • ETH
  • BUSD
  • USDT
  • CRV
  • WBTC
  • SRM
  • SHIB
  • WOO

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Larry Brown

I graduated from Yale University, Department of Television. I have been a professional news writer for 3 years. I am continuing my career here by establishing amknews.com site 3 months ago.