While Bitcoin Tried to Recover, Whales Bought the Most from These Altcoins: Nansen Data!

While Bitcoin Tried to Recover, Whales Bought the Most from These Altcoins: Nansen Data!

While the decline in Bitcoin and altcoins that started in April continued in the first days of May, the BTC price dropped to $ 56,500.

After this decline, a recovery was seen in BTC and altcoins and the BTC price approached the $ 62,000 limit.

Whales, who tend to take advantage of the declines, did not sit idle again and bought altcoins.

Accordingly, while the market was recovering, on-chain data tracking platform Nansen announced the most purchased cryptocurrencies in the last 24 hours.

According to Nansen data, whales turned to different altcoins. Accordingly, ZENT, COMP and IMX were among the altcoins most purchased by whales.

In the list of most purchased cryptocurrencies, USDC ranked first, ZENT ranked second, COMP ranked third, and IMX ranked fourth.

Apart from these, whales also made significant purchases of PEPE, WBTC, ETHFI and DOG.

While USDC recorded an inflow of $48.3 million in the last 24 hours, ZENT recorded an inflow of $17.5 million, COMP $5.4 million, IMX $2.3 million and PEPE $1.1 million.

*This is not investment advice.