Ethereum Whales Are Accumulating 5 Altcoins

The crypto market looks better today with most of the important coins trading in the green. At the moment of writing this article, ETH is trading in the green and the coin is priced at $3,510.

It’s been just revealed that ETH whales are currently accumulating 5 altcoins. Find out which they are below.

According to the crypto-tracking platform WhaleStats, the top 100 richest ETH addresses’ top target over the last week, excluding ETH and stablecoins, was FTX Token (FTT).

It’s been revealed that over a seven-day timeframe, ETH whales gobbled up an average purchase amount of more than $5.1 million worth of FTT, the exchange token of FTX, a crypto derivatives trading platform for futures, leveraged tokens, and over-the-counter trading.

According to the official notes, the average purchase amount for Ethereum among the top 100 ETH wallets was more than $13.8 million.

ETH whales are also accumulating also Sandbox, Shiba Inu, Wrapped Bitcoin, and Chainlink as well.

A popular crypto strategist is predicting price surges for Ethereum (ETH) rivals Avalanche (AVAX) and Near (NEAR) as the markets continue to rise more and more.

Pseudonymous analyst Cantering Clark has recently said that he sees smart contract platform Avalanche making a big move after breaking its immediate resistance at $84.

“AVAX waking up against BTC and ETH pairs, and with a major break in the USD pair above a weekly level that has absolutely shut it down until recently. Long and strong.”

He is also addressing the trajectory of Solana.

According to the crypto analyst, SOL will keep maintaining its bullish momentum as it tears down one resistance after another.

“A very nice looking move here from SOL. Potential for a big breakout to $120 with acceptance into this gap.”

There are all kinds of optimistic predictions about the most important coins despite the market volatility.