Ethereum Whales Are Accumulating These DeFi Tokens

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DeFi-Trends
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According to blockchain tracking service WhaleStats, the top 100 ethereum whales all follow WOO. This is the utility token that powers the WOO network, and a decentralized exchange (DEX) designed to provide deep liquidity and ultra-efficient order execution.

As a result, Ethereum’s richest holders are now loading up on WOO along with three other altcoins in the decentralized finance (DeFi) space.

WOO is currently one of the most purchased altcoins among the top 100 Ethereum whales in just 24 hours, excluding stablecoins. Ethereum’s biggest whale is accumulating three Defi cryptocurrencies with the WOO network, including non-fungible token (NFT) assets, gaming protocol Aavegotchi (GHST) and synthetic asset publisher Synthetix (SNX), and lending protocol Aave (AAVE) ).

Additionally, ETH is currently priced at $1,870, up more than 4% in the past 24 hours after trading sideways last week. Taking into account the largest Ethereum whales held by Ethereum, FTT is at the top of the list excluding ETH itself and the stablecoin USD Coin (USDC).

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FTT is the exchange token of FTX, a cryptocurrency derivatives trading platform. According to Whalestats, the top 100 ETH whales hold an average of 307,485 FTT tokens, worth nearly $8 million. Along with FTT, the investor class has over 462.89 billion SHIB tokens worth $5 million.

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