October 20, 2022
Hello Bubble Riders!
Here are the most recent results from our Crypto Whale Watch Portfolio.
Here are the new portfolio holdings.
- Slot 1-4: USDC
- Slot 5: MakerDAO
The top whales are holding a lot of stablecoins, in particular USDC. The top 7 day performing tokens of crypto hedge funds A16Z, Binance, and Coinbase, were not showing positive momentum according to our algorithm, save for MakerDAO (MKR). Therefore four of our five slots for this portfolio are holding USDC, while the last fifth slot holds MKR.
This free portfolio is an experiment to follow the whales and see how well the performance fares. We are giving it away for free as we do a live walk forward. Given the current state of crypto markets (and really all markets) if you want to play it like the whales, play it safe and accumulate stablecoins, particularly USDC. MKR would not be a bad buy.
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