- FTX tokens (FTT) occupies 18.17% of the holdings of Ethereum whales.
- FTT has been trading down 1.32%.
Whales Stats, a popular Ethereum whales activity tracker, has revealed the list of top tokens acquired in the last 24 hours by the largest Ethereum whales. Whales have now majorly shifted their focus and interest towards accumulating FTX tokens (FTT) into their wallets. Thus, ranking FTT as the biggest token by dollar value.
JUST IN: #FTX Token @FTX_official now on top 10 purchased tokens among 100 biggest #ETH whales in the last 24hrs 🐳
— WhaleStats – BabyWhale ($BBW) (@WhaleStats) May 27, 2022
Check the top 100 whales here: https://t.co/N5qqsCAH8j
(and hodl $BBW to see data for the top 5000!)#FTX Token #whalestats #babywhale #BBW pic.twitter.com/lN0xzuCWT8
Whale Stats, a community-based analysis system, enabled the “comment-to-earn” option allowing users to earn their native token, BabyWhale (BBW), on carrying out a valid ‘whale analysis’.
FTX Token (FTT) is an ERC-20 compatible token native to the well-known crypto derivative exchange, FTX. It serves as a ‘leveraged token’ with no requirement of maintaining the margin. It confers ‘3x leveraged exposure’ on the trading pairs that investors have deployed on the crypto trading platform.
ETH Whales Move Into FTT
The giant 100 whales have actively invested $810,097,978 USD in acquiring 29,952,301 FTX tokens. USDC dominates the ranks by being the top token to be held by whales in large numbers. Ethereum whales have acquired nearly 918.3 million USDC tokens worth $918.6 million USD.
Other tokens such as Compound Finance (COMP), the Graph (GRT), Polygon (MATIC), ApeCoin (APE), Maker (MKR), Orchid Protocol (OXT) and Go Gala Games (GALA) became the most-bought tokens by the largest 100 Ethereum whales in the last 24 hours. This data was updated by Whales Stats on their official Twitter handle.
As per the data from CoinMarketCap, FTT traded today at $27.05 USD with a 24-hour trading volume of $99,985,558 USD. Token holds a market capitalization of $3,683,948,886 USD.
A perpetual learner who loves writing. Passionate about investing her time and zeal to explore the crypto world. Curiosity and creativity are her superpowers.
Related posts
FTX Bankruptcy Estate Reaches $228M Settlement with Bybit Exchange
In a legal filing made public on October 24th, the FTX bankruptcy estate announced a $228 million settlement with the Bybit exchange. The estate had first sued the exchange in 2023, attempting to recoup monies owed to creditors and former clients. The filing states that FTX will be able to
October 28, 2024 2 mins read
Former FTX Executive Nishad Singh Seeks to Avoid Jail Time
Nishad Singh, a former executive at the FTX cryptocurrency exchange, is making a plea to avoid prison time as he prepares for his sentencing on October 30. Singh’s legal team has described him as an “uncommonly selfless individual” in their recent filing, which includes over 100 letters of support from
October 17, 2024 2 mins read
FTX Token Drops 10% as Former Executive Begins Prison Term
Satoshi Nakamoto’s identity and the HBO documentary are the day’s talks for the crypto community. The HBO documentary has attempted to uncover the true identity of the creator of Bitcoin. Meanwhile, Ryan Salame, the former FTX executive’s 7-and-a-half-year prison sentence began in the past day. In reflection, the FTX token
October 9, 2024 2 mins read