The largest Ethereum whale in existence is accumulating a pair of linked decentralized finance (DeFi) tokens with one enterprise-grade blockchain platform.
Blockchain tracker Whale Stats We have classified Ethereum whales as investors of at least 1,000 ETH in their wallets and, on average, are currently interested in phantoms adjusting 26,200 FTM tokens at a cost of $ 6,726.
ETH whales are also in favor of the DeFi sector, especially the decentralized exchange and automated market maker protocol CurveDAO. Heavyweight wallets have surged to an average of $ 21,166 to get 22,728 CRV in the last 24 hours at the time of writing.
Whales likewise jumped into ConvexFinance (CVX), a protocol built on top of CurveFinance.
The CRV is weeping this week, jumping 60% from a minimum of $ 0.63 to a maximum of $ 1.01. Convex Finance also rebounded sharply, with 80% jumping from $ 3.52 to a high of $ 6.36. At the time of writing, CVX is out of the top 10 most purchased crypto assets in the last 24 hours, but it’s up 9% that day.
Another crypto project making the splash is the Woo Network trading platform, where a wealth of wallets swallow 84,248 WOO tokens for a $ 15,559 buy-in.
The decentralized crypto lending protocol Compound bought an average of 22 COMPs for $ 1,000, and the synthetic asset protocol UMA bought 249 UMA tokens for $ 652.
A trio of stablecoins with US dollar pegs, led by the Circle’s US Dollar Coin (USDC) and with an average buy-in of over $ 1 million, also ranked high on the list.
Whales got Binance USD (BUSD) for $ 381,065 on the Binance Cryptocurrency Exchange and Bitfinex’s Tether (USDT) for $ 39,654.
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Featured images: Shutterstock / HilaryDesign / Sol Invictus / monkographic