There were movements reported in Large Ethereum wallets that included altcoins Chainlink, Serum and two DeFi altcoins.
Seems like that world’s largest Ethereum (ETH) whales wallets are consistently accumulating several decentralization prioritize altcoins. Such altcoins include decentralized oracle network Chainlink (LINK), Solana networks based decentralized exchange Serum (SRM) and others alike. The top 100 large Etheruem whale wallets are most interested in stablecoins pairs currently along with more than a half dozen for altcoins. Chainlink (LINK) remained at sixth place and there was an average buy-in seen of 25,575 LINK tokens for $186,693, according the WhaleStates blockchain tracker’s data.
Other than Chainlink (LINK), Ethereum whales are also picking up prominent decentralized derivatives exchanges based on Solana (SOL) network, Serum (SRM). There were 249,918 SRM tokens acquired for $299,901 by Etheruem whales. Additionally these wealthy investors are also eager towards decentralized finance (DeFi) sector, especifically they went to purchase Yearn Finance (YFI), a prominent yield optimization protocol. As per the reports, the whales have bought three YFI tokens that cost about $25,883.
Ethereum whales have also added decentralized exchange aggregator 1inch’s 3,096 1INCH tokens for $3,020, that made 1INCH to reach at 10th place for the week. FTX Token (FTT) also made its place into the list of Ethereum whale’s purchase, where they acquired 9,847 FTT native tokens of FTX crypto exchange for an average buy in price of $301,121.
On eighth place of the list, native token of DeFi startup Rari Capital Rari Governance (RGT) made it where Etheruem wallets bought 1,482 RGT tokens for about $10,240. The governance token of FEI Protocol’s algorithmic stablecoin Tribe (TRIBE) got the ninth place in terms of buying by whales who paid $6,936 for 27,557 TRIBE.
The two top and most accumulated stablecoins bought by ethereum whales were Tether (USDT) and US Dollar Coin (USDC). USDC got the first place among top ten popular tokens while having an average buy-in that exceeds about $1.62 million. Surprisingly, Etheruem (ETH) itself ranks fifth according to the whales spending of about $241,251 for 119 ETH tokens.
Source: https://www.thecoinrepublic.com/2022/05/30/what-made-large-ethereum-whales-start-accumulating-chainlink-and-serum-altcoins/