December 7, 2022
Hello Bubble Riders! Today we are looking at Whale activity for the top 100 crypto wallets and some “smart money” wallets on the Ethereum blockchain.
- The top bought and sold coins are stablecoins
- Both USDC and USDT are net-buys
- The other purchased coins are ones that have been performing well recently.
It looks like there is an increase in activity for the top 100 whales. USDC is the largest transaction at $1.3 million and right behind is USDT at $945k. This suggests that the whales are preparing for the next bull run. Whales have used small amounts of money to purchase the coins that have performed well for the past month or so, likely to assess their own performance testing of these coins.
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