Alt Coin

Whales Are Amassing Two Ethereum-Based Altcoins As Bitcoin and Crypto Consolidation Continues

The largest whales within the Ethereum ecosystem are closely loading up on two low-cap tokens because the crypto markets proceed to consolidate.

The newest figures from whale-tracking web site WhaleStats are exhibiting the present holding habits of the 1,000 largest non-exchange Ethereum (ETH) addresses.

The platform compiles an inventory of the highest 10 holdings of the wealthiest Ethereum whales by tokens with the very best common US greenback worth among the many investor cohort.

WhaleStats reveals that deep-pocketed buyers maintain $528,173 price of OKB tokens on common to land at quantity six.

OKB (OKB) is a cryptocurrency issued by OKEx Blockchain Foundation. The Ethereum-based utility token permits merchants on the crypto trade OKEx to pay for charges, earn curiosity and take part in new digital asset tasks.

The crypto whale tracker additionally reveals that wealthy Ethereum buyers are amassing Bitpanda Ecosystem Token (BEST) because the investor group holds $461,230 price of the ERC-20 token on common, good for a ninth-place end.

BEST is the native token of crypto, shares and valuable metals funding platform Bitpanda. BEST holders are entitled to buying and selling reductions on high of rewards and advantages inside the Bitpanda ecosystem.

Looking on the different massive holdings of ETH whales, Ethereum itself towers above all coins, adopted by dog-themed meme coin Shiba Inu.

FTX Token (FTT), the native asset of cryptocurrency derivatives buying and selling platform FTX is a podium finisher whereas stablecoin Tether (USDT) and player-controlled blockchain gaming platform Gala sits on the fourth and fifth spots, respectively.

CRO, the native token of digital asset trade, locations seventh and stablecoin USD Coin (USDC) lands at quantity eight. Decentralized oracle community Chainlink (LINK) takes quantity 10 to spherical out the listing.

Source: WhaleStats


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Featured Image: Shutterstock/Gudkov Andrey

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