For some time now, Ethereum whales have been transferring their cash round. This has been a direct results of the bear market that has brought on traders to lose a major quantity of their portfolios. Even now, the crypto market remains to be being ravaged by declining costs. The results of this has been traders in search of refuge in tokens that don’t see numerous volatility, and Ethereum whales haven’t been ignored of this flight to security.
The USDT stablecoin has been the number one token by commerce quantity for these high Ethereum whales. The common quantity transacted by the whales got here out to $267,328, even greater than the amount for ETH, which was the second-highest by buying and selling quantity. USDC featured in third place on this checklist, with a mean quantity of $89,180 over this time.