Today, Ethereum wallet tracker Whalestats tweeted that the CVXCRV token of Convex Finance has entered the top 10 purchased tokens among the 5000 biggest ETH whales. This is according to the data tracked by WhaleStats in the past 24 hours.
In detail, Whalestats also provided data on the list of other coins that the ETH whales purchased. This includes PAX Gold (PAXG), Uniswap (UNI), Chainlink (LINK), and Polygon (MATIC).
Convex Finance is a DeFi protocol working on Curve Finance (CRV), an on-chain liquidity-providing platform. A few weeks ago, Curve Finance reported that the platform had CVX tokens of 9,639.54 wETH in its pool, which was worth $10.57 million.
In another analysis, the Whalestats found that AMP (OTC:AMLTF) is the most traded token, whereas Decentraland’s MANA is the most widely held token. Meanwhile, Shiba Inu (SHIB) is ranked as the biggest token position by dollar value.
Moreso, Whalestats also revealed the most used smart contracts among the top 100 ETH whales in the past 24 hours. Fetch.ai (FET), NuCypher (NU), Utrust (UTK), (FTX), yearn.finance (YFI) were a few of the most used smart contract tokens.
The current price of CVXCRV hovers at $0.79, a 4.98% increase in the past 24 hours. However, the volume of the coin has decreased by 5.8%, tapping at $14,837.
Whalestats tracks around 5000 of the largest Ethereum wallets or whales, which are worth an average of $20,845,021 and hodl an average of 9,852 ETH, seven tokens, and one NFT.
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Source: Cryptocurrency - investing.com
