The recovery of the crypto market is triggered by retail investors as global crypto market capitalization rebounds by more than one trillion dollars. While whale participation was initially absent, recent evidence suggests that whales are actively purchasing and exchanging crypto tokens.
Bitcoin and Ethereum are also witnessing whale accumulation as the price continues to hit higher. Bitcoin (btc) the price negotiates at $23,578 and ethereum (eth) the exchange price at $1,615.
Whales Accumulating These Crypto Tokens
According to WhaleStats, Shiba Inu (SHIB), Polygon (MATIC), and Decentraland (MANA) are the most used smart contracts and tokens accumulated by top Ethereum whales.
MATIC is one of the most used smart contracts among the top 5000 whales in the last 24 hours, as per WhaleStats. Polygon (MATIC) network underwent an upgrade and hard fork in mid-January to reduce gas fee spikes and solve chain reorganization issues.
Santiment reported that one whale purchased $56 million worth of tick chips. The whale was able to purchase material just before a jump of 20% in the material price. The whale could purchase MATIC right before a 20% jump in the MATIC price.
Shiba Inu (SHIB) has witnessed huge speculation amid the Shibarium Beta launch. Shiba Inu lead developer Shytoshi Kusama hints at the Shibarium launch on February 14, Valentine’s Day. The whales were selling shibs until December.
Bought shiba inu as part of the launch of the shibarium. Bought Shiba Inu as part of the launch of Shibarium.
Shiba Inu is the most used intelligent contract and tokens purchased by the best Ethereum whales over the past 24 hours. Shib price is trading at $0.00001204, up 2% in the past 24 hours.decentraland (mana) price has exploded more than 15% in the past 24 hours, with the current price at $0.78.
Decentraland is the most used smart contract among the top 100 whales in 24hrs. There has been an increase in development activity in recent weeks.
DOGE, ADA, AAVE Among Top Tokens Purchased by BSC Whales
According to WhaleStats, BSC whales are accumulating Dogecoin (DOGE), Cardano (ADA), and AAVE. Moreover, mana is the top 10 chips bought among the 100 largest whales over the past 24 hours.oge, ada, aave among the main chips bought by the bsc whalers according to the whalers, BCBs accumulate dogecoin (doge), cardano (ada), and aave. AAVE is back on top 10 purchased tokens among the 500 biggest whales after launches on Ethereum.
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