February 22, 2023
- Following last week, USDC still holds its position as the top sold and top purchased token at $2.7M and $2.8M.
- Following USDC, USDT comes in at number two as the top sold and purchased token, yet another stablecoin. Most likely because it is the safest option, to deal with stablecoins.
- Although numbers aren’t in the higher millions as they were last week,It looks like there is still more whale activity compared to the previous weeks.
Dealing with stablecoins is a risk off move that Whales have been utilizing for quite some time now. They offer security and a form of stability in this fluctuating market. To follow the whales, play it safe right now just as they are.
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