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January 25, 2022

Two Ethereum Rivals Are Among the Top Holdings of the Largest Binance Smart Chain Whales

The largest crypto buyers on the Binance Smart Chain (BSC) ecosystem are holding huge quantities of two Ethereum (ETH) rivals, in keeping with a whale-watching web site.

New knowledge from WhaleStats analyzes the accumulating conduct of the 1,000 largest BSC addresses excluding recognized crypto exchanges.

The whale-monitoring platform places collectively a listing of the prime 10 holdings of BSC whales by monitoring the tokens which have the best US greenback worth amongst the investor group.

WhaleStats reveals that BSC whales have amassed $3.21 million price of Binance Coin (BNB) on common to guide all digital property. BNB is the native utility token of international crypto change Binance.

Coming in at quantity two is the BTCB token, a crypto asset wrapped and pegged by Binance on a 1:1 ratio to Bitcoin (BTC). WhaleStats reveals that BSC whales personal $814,181 price of BTCB tokens on common.

Taking the third spot is Ethereum (ETH) with a median quantity held price $540,177.

Next up are Ethereum challengers Polygon (MATIC) and Avalanche (AVAX), rating fourth and fifth with BSC whales accumulating $417,439 price of MATIC and $395,926 price of AVAX on common.

Grabbing the sixth slot is stablecoin USD Coin (USDC), adopted by Frax Share (FXS). FXS is used as a retailer of worth and in the governance of the Frax protocol. WhaleStats reveals that BSC whales personal $325,601 price of FXS tokens on common.

Stablecoin True USD (TUSD) is available in at quantity eight, adopted by Venus ETH (vETH), a transportable vToken issued by decentralized finance platform Venus (XVS).

Digital leisure platform Tron (TRX) rounds out the prime ten record.

Source: WhaleStats

WhaleStats additionally notes that the Ethereum, Avalanche, USD Coin and True USD holdings of BSC whales are wrapped and pegged by Binance on a 1:1 ratio to the corresponding crypto asset.

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Featured Image: Shutterstock/Liu zishan/Sensvector

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