According to the latest WhaleStats data, the biggest Ethereum whales are stocking native tokens of some cryptocurrency exchanges. Among these exchanges, FTX’s FTT token ranked first, while BEST, the token of the Austria-based Bitpanda exchange, went into an intense accumulation phase. Here are the details…
Ethereum whales attack exchange tokens
On-chain data provider WhaleStats, which tracks the largest 1,000 Ethereum (ETH) wallets, says the 1,000 richest over-the-counter ETH addresses are heavily stockpiling the FTX exchange’s native token, FTT. FTT currently accounts for 7.24% of the largest whale wallets, with total holdings of over $1.6 billion. If we take a look at the WhaleStats chart below, the third most stocked token, FTT, is shared among the largest Ethereum whales with 39,274 coins. Also, another highlight in the list is 2% of OKEx exchange’s cryptocurrency OKB. It is a share of 78. OKB is to appeal to miners, traders and institutional investors.
Cryptocoin. com in the details of the table, whales are 2% of the total 633 million dollar OCD. He allocates 78 of them. At the bottom of the list is BEST, the token of the Austria-based Bitpanda exchange running on the Ethereum Blockchain. The exchange token has 7 million customers and was recently valued at over $4 billion. WhaleStats is 2% of BEST’s total whale savings, valued at over $483 million. He reports that he created 12 of them. The average wallet holds 454,945 coins worth $483,173. You can check out the list of the most stocked altcoins here: