WhaleStats Data Suggests ETH Whales Prefer AAVE by CoinEdition

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© Reuters WhaleStats Data Suggests ETH Whales Prefer AAVE
  • WhaleStats reported that out of the 100 biggest ETH whales, AAVE is one of the top 10 cryptos with the highest trading volume.
  • Other cryptos favored by the ETH whales include WBTC, MATIC, and CHZ.
  • AAVE is currently trading at around $73.27 with a 0.98% decrease in price.

The whale tracking platform WhaleStats has released information about the activity of the top 100 largest ETH whales. According to their post, Aave (AAVE) is among the top 10 cryptocurrencies with the most trading volume among these 100 ETH whales in the last 24 hours.

Top 10 cryptos by trading volume among top 100 ETH whales (Source: WhaleStats)

AAVE holds the 9th position on this list. Other cryptos favored by the ETH whales include Polygon (MATIC), Wrapped Bitcoin (WBTC), Maker (MKR), and Chiliz (CHZ).

AAVE price (Source: CoinMarketCap)

CoinMarketCap data shows that AAVE is currently trading at around $73.27, a 0.98% drop over the last day. The altcoin reached a peak of $74.48 and a low of $71.51 in the same period. Despite strengthening against Bitcoin (BTC) by 0.48% in the last 24 hours, the crypto has weakened against ETH by 0.14%. Additionally, AAVE is still down by more than 9% over the last 7 days.

AAVE’s 24-hour trading volume is in the green zone, now standing at $63,145,818 after a 3.17% surge since yesterday. Market cap-wise, the crypto is the 44th biggest, with a market capitalization of $1,032,591,161. This places it right behind BitDAO (BIT) in the 43rd spot.

Disclaimer: The views and opinions, as well as all the information shared in this price analysis, are published in good faith. Everyone should conduct their own research and due diligence. Any action taken by the reader is done at their own risk. Coin Edition and its affiliates won’t be held accountable for any direct or indirect damage or loss.

The post WhaleStats Data Suggests ETH Whales Prefer AAVE appeared first on Coin Edition.

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