Three Crypto Exchange Tokens Are Being Accumulated By Large Ethereum Holders

As per the information received, the world’s biggest Ethereum whale is accumulating different altcoins that power crypto exchanges. 

According to the data provided by WhaleStats, “1,000 wealthiest non-exchange Ethereum addresses are heavily investing in FTT, native token of FTX cryptocurrency. At present, FTT accounts for 7.24% of all holdings at a value around 1.6 billion”. Currently, FTT is among the top 5 altcoins on the WhaleStats top 10 list, with an average of 39,274 tokens per wallet, at a value of $1.6 million per holder. 

Also, on the list is the utility token of the OKEx cryptocurrency spot and derivative exchange, OKB. The site supplies to the miners, traders, and institutional investors. 2.78% of OKB have been allocated by whale wallets for a total value of $633 million. It is also among the top 5 on the WhaleStats list, with 19,496 tokens owned at an average, for $633,247 value. 

Lastly, Bitpanda Ecosystem token (BEST), which runs on the Ethereum blockchain. The Bitpanda marketplace is Australia-based and has around 2.7 million customers, at a value of around $4 billion. As per the data provided by WhaleStats, BEST accounts for 2.12% of total holdings at a value higher than $483 million, an average of 454,945 tokens per wallet, at a value of $483,173 million per holder.      

Disclaimer: The article should not be considered as any financial advice. It is advisable to conduct thorough research before investing.

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