It is difficult to accurately determine which whale purchased the most cryptocurrencies, as many transactions are anonymous and on-chain data is not always complete. However, we can look at some evidence to get an idea:
1. Addresses with large amounts of cryptocurrencies:
*Bitcoin addresses holding more than 10,000 BTC: In July 2023, analytics firm Glassnode identified 152 such addresses, with a total of more than 1.5 million BTC, equivalent to about $30 billion at the time.
* Ethereum addresses holding more than 1 million ETH: In May 2024, data firm Nansen identified 136 such addresses, with a total of more than 136 million ETH, equivalent to about $45 billion at the time.
2. Large volume transactions:
* In March 2023, a single Bitcoin transaction moved 50,000 BTC, worth around $1 billion at the time.
* In April 2024, an Ethereum transaction moved 1 million ETH, worth around $3.3 billion at the time.
3. Accumulation by types of cryptocurrencies:
* Bitcoin: Whales tend to accumulate Bitcoin during bull markets and decrease their purchases in bear markets.
* Altcoins: Whale interest in specific altcoins can vary, but some coins that have received a lot of attention recently include Ethereum (ETH), Cardano (ADA), and Solana (SOL).
It is important to remember that the cryptocurrency market is highly volatile and whales can change their strategies quickly.
I recommend consulting trusted cryptocurrency news and analysis sources to stay up to date with the latest whale moves.
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