• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

Large Ethereum Whales Accumulating Chainlink, Serum and Two Decentralized Finance Altcoins: On-Chain Data

May 25, 2022
in Altcoin
Reading Time: 2min read
0 0
A A
0
Large Ethereum Whales Accumulating Chainlink, Serum and Two Decentralized Finance Altcoins: On-Chain Data
0
SHARES
8
VIEWS
ShareShareShareShareShare

The largest Ethereum (ETH) whales in the world are accumulating decentralized oracle network Chainlink (LINK) and several altcoins that prioritize decentralization.

According to blockchain tracker WhaleStats, the top 100 Ethereum whales are currently most interested in a pair of stablecoins and over a half dozen altcoins, with Chainlink in sixth place and seeing an average buy-in of $186,693 for 25,576 LINK tokens.

Ethereum whales are also scooping up decentralized derivatives exchange Serum (SRM), spending on average $299,901 for 249,918 SRM tokens.

The wealthy investors are keen on the decentralized finance (DeFi) sector, particularly the yield-optimizing protocol Yearn.Finance (YFI). The whales bought three YFI tokens for an average price tag of $25,883.

Decentralized exchange aggregator 1inch (1INCH) finds itself in 10th place this week, as the whales shelled out $3,020 to acquire 3,096 1INCH tokens.

Coming in second overall was FTX Token (FTT), the native asset of the FTX cryptocurrency exchange, with an average buy-in of $301,121 getting the whales 9,847 FTT.

Eighth on the list is Rari Governance (RGT), the native token of the DeFi startup Rari Capital, and the rich wallets bagged 1,482 RGT tokens for $10,240.

In ninth place is Tribe (TRIBE), the governance token of the Fei Protocol which aims to bring stablecoin economics to DeFi. The whales spent on average $6,936 for 27,557 TRIBE.

US Dollar Coin (USDC) and Tether (USDT) are the two most accumulated stablecoins among ETH whales, with USDC actually taking the first spot among the top 10 popular tokens with an average buy-in exceeding $1.62 million.

Source: WhaleStats

Ethereum itself ranks fifth overall with the whales spending an average of $241,251 to accumulate 119 ETH tokens.

Check Price Action

Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Follow us on
Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

&nbsp
Check Latest News Headlines

 

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/DomCritelli


Credit: Source link

ShareTweetSendPinShare
Previous Post

Guggenheim’s Scott Minerd Predicts Brutal Bitcoin (BTC) Collapse Down to ‘Ultimate Bottom’ – Here’s His Target

Next Post

Top Trader Says One Under-the-Radar Altcoin Set To Emerge As Winner of Terra (LUNA) Collapse

Next Post
Top Trader Says One Under-the-Radar Altcoin Set To Emerge As Winner of Terra (LUNA) Collapse

Top Trader Says One Under-the-Radar Altcoin Set To Emerge As Winner of Terra (LUNA) Collapse

You might also like

Sen. Adam Schiff Proposes Bill to Ban “War and Death” Bets on Prediction Markets

Sen. Adam Schiff Proposes Bill to Ban “War and Death” Bets on Prediction Markets

March 12, 2026
Ghana’s Crypto Push Begins As 11 Companies Enter SEC Sandbox

Ghana’s Crypto Push Begins As 11 Companies Enter SEC Sandbox

March 13, 2026
Bitcoin Price Breakdown Risk Grows As Bears Aim For $85K

Bitcoin Price Sinks Below $68K, Downside Targets Come Into Focus

March 9, 2026
Zcash Spinout ZODL Raises $25M After Electric Coin Company Exodus

Zcash Spinout ZODL Raises $25M After Electric Coin Company Exodus

March 10, 2026
Banks Divide RWA Rails Between Ethereum and Canton as Tokenised Market Hits $26.4B

Banks Divide RWA Rails Between Ethereum and Canton as Tokenised Market Hits $26.4B

March 10, 2026
Crypto Price Prediction Today 11 March – XRP, Solana, Dogecoin

Crypto Price Prediction Today 11 March – XRP, Solana, Dogecoin

March 11, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Crypto Leaders Push Back After Boris Johnson Calls Bitcoin a Ponzi

Crypto Leaders Push Back After Boris Johnson Calls Bitcoin a Ponzi

March 15, 2026
Bitcoin Historical Data Suggests New ATH Is Years Away

Bitcoin Historical Data Suggests New ATH Is Years Away

March 15, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.