Cryptocurrency markets reached a market cap of $933 billion today, after maintaining their gains in the recovery process yesterday. While the average trading volume for the last 24 hours continues at a low level of $ 73 billion, 95 of the top 100 cryptocurrencies continue to remain positive today, as they were yesterday. However, it is possible to say that the recovery process is progressing slowly after the recent declines. However, the return of the total market value to the 900 billion band is recorded as a positive development.
In the depreciation led by Bitcoin (BTC) since November 2021, Bitcoin regressed to the $ 17 thousand band, while the largest altcoin Ethereum (ETH) fell below the $ 1,000 level in this process. With the market experiencing deep bearish dominance, whale and blockchain tracking platform Whale Stats has listed the assets headed by the 100 richest over-the-counter Ethereum whales. The focus appears to be shifting in assets that the biggest ETH whales are heavily interested in.
According to Whale Stats data, the top 100 Ethereum whales have recently focused on ApeCoin (APE), the altcoin linked to Bored Ape Yacht Club's NFT token collection. According to the data, rich whales bought an average of 13,592 APEs for $53,690. According to the data, APE was the most purchased asset by whales after US DollarCoin (USDC), the stablecoin pegged to the US dollar. On the other hand, the data reveals that whales are showing interest in Tether (USDT).
According to data provided by Whale Stats, giant ETH whales bought an average of 47,482 USDT for $47,451. In the list of assets heavily bought by whales, PAX Gold, an ETH-based asset offered by Paxos, a blockchain infrastructure platform backed by physical gold, took the 4th place. Whales bought an average of 10 PAXGs at a price of $18,278, and Ethereum itself took over the 5th place in the list. According to the data, whales bought an average of 12 Ethereums for $13,690. After APE, USDC, USDT, PAXG and ETH, whales bought DAI, WETH, SNX, MATIC and SUSHI, respectively.