New data shows that the biggest Ethereum (ETH) whales in existence are heavily accumulating one crypto exchange token that’s been trading under the radar over the last few weeks.
The most recent figures from WhaleStats are revealing the purchasing behaviors of the 1,000 largest non-exchange Ethereum addresses.
The whale-surveillance website shows that in the last seven days, deep-pocketed crypto holders bought an average of $2.62 million worth of Ethereum and $1.15 million worth of stablecoin Tether (USDT). Coming in at number three is FTX Token (FTT), the utility asset of crypto derivatives exchange FTX, with an average purchase amount of $728,038.
The accumulation of FTT by the largest Ethereum whales becomes more transparent when looking at the 30-day horizon. WhaleStats show that the wealthiest ETH