While Bitcoin was trying to recover, whales bought the most from these altcoins!

📈 Wondering about the recent movements in cryptocurrencies? Here’s a breakdown of what's been happening:

In early July, Bitcoin and altcoins saw a drop to $53,600, following a downward trend that started after the German government sales in June. However, last week showed signs of recovery, with whales actively buying altcoins amidst the market bounce.

According to Nansen data, Ethereum-based cryptocurrencies were the focus of whale purchases. Leading the pack were WETH, cbETH, and stETH, which topped the list as the most purchased cryptocurrencies in the last 24 hours. Additionally, memecoin APU and Hashflow (HFT) also saw significant whale investments.

In terms of investment volume, WETH led with $4.8 million, followed closely by cbETH with $4.18 million, and stETH with $2.12 million. APU and HFT rounded out the top five with $1.57 million and $1.45 million, respectively.

Notably, APU saw a 12% price increase within the same period, reflecting strong market interest and activity.

Stay informed and remember, always do your research and consider your own financial situation before making investment decisions. 📊💡