October 19, 2022
Hello bubble Riders today we are looking at Whale activity for the top 100 crypto wallets!
- USDC and ETH, including staked ETH, are Net Buys at $117k, $90k, and $65k respectively.
- USDC is sold only at $10k, ETH at $80k, and no sell on staked Ethereum (stETH).
- USDC is preferred over Tether, of which only $17k has been bought.
There is still little whale activity because of the crypto winter. You can follow whales by continuing to move risk-off and accumulate stablecoins (in particular USDC). USDC and ETH (and of course stETH) are likely being used to earn rewards by staking.
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