What coins did the whales buy during the past few days when Bitcoin was rising?

During the period when Bitcoin surged from $25,000 to $31,000, the market was silent. No one seemed to have expected the sudden start of Bitcoin, and everyone was silent as they looked at the altcoins in their hands. So besides Bitcoin, what other operations did the whales have on altcoins? With the help of 0xScope data, BlockBeats found the position buying and selling trends (based on the number of transactions) of whales whose single swap transactions on the Ethereum chain exceeded $300,000 from June 15 to June 27 (that is, the period when Bitcoin was 25,000-31,000). Let's take a look at which tokens the whales have bought/sold recently.
cbETH — 24 whale transactions
The cbETH token contract is (0xbe9895146f7af43049ca1c1ae358b0541ea49704), during which 24 transactions occurred, of which 11 whales sold their cbETH and 13 whales bought cbETH. According to the price at the time of the transaction, the smallest transaction was about 203.31 cbETH, worth about 366,718 US dollars, which was a sell order; the largest transaction was about 1722.68 cbETH, worth about 3,367,650, which was a buy order. Of course, there are many continuous large sales and purchases from the same address in these 24 transactions.
cbETH is Coinbase Wrapped Staked ETH. Users can wrap their assets into cbETH after staking ETH on the Coinbase platform.
WBTC — 128 Whale Transactions
The WBTC token contract address is (0x2260fac5e5542a773aa44fbcfedf7c193bc2c599). During this period, a total of 128 whale transactions occurred, of which 51 whale transactions were sell orders and 77 whale transactions were buy orders. According to the price at the time of the transaction, the smallest transaction was 10 WBTC, worth about $300,650, which was a sell order; the largest transaction was about 95.58 WBTC, worth about $2,872,873, which was a buy order. Among them, 4 transactions were made by a market maker.
wstETH — 22 whale transactions
The wstETH token contract address is (0x7f39c581f595b53c5cb19bd0b3f8da6c935e2ca0), and a total of 22 transactions occurred during the period, of which 4 whale transactions were sell orders and 18 whale transactions were buy orders. According to the price at the time of the transaction, the smallest transaction was 140.79 wstETH, worth about $300,226, which was a buy order; the largest transaction was 2000.23 wstETH, worth about $3,686,844, which was also a buy order.
wstETH is a packaged version of stETH. It is a product launched by the DeFi protocol Lido. The amount of stETH on the user's address is not constant. It changes every day due to the generation of staking rewards. Since some DeFi protocols only support constant balance token mechanisms, Lido launched wstETH, which keeps the user's staked token balance unchanged and uses a rebase mechanism to reflect the staking rewards you earn.
PEPE — 5 whale transactions
The PEPE token contract address is (0x6982508145454ce325ddbe47a25d4ec3d2311933), and a total of 5 transactions occurred during the period, of which 4 whale transactions were sell orders and 1 whale transaction was a buy order. According to the price at the time of the transaction, the smallest transaction was worth $310,683 and the largest transaction was worth $449,933, both of which were sell orders.
rETH — 8 whale transactions
The rETH token contract address is (0xae78736cd615f374d3085123a210448e74fc6393). During this period, a total of 8 whale transactions occurred, of which 7 transactions were sell orders and 1 transaction was a buy order. According to the price at the time of the transaction, the smallest transaction volume was 165 rETH, with a value of approximately US$333,449, which was a sell order; the largest transaction volume was 930.65 rETH, with a value of approximately US$1,744,075, which was also a sell order.
rETH is Rocket Pool's liquidity staking token, representing their underlying staking position. As Rocket Pool's earnings continue to accumulate, rETH's value against ETH continues to grow, leading to a dynamic exchange rate between the assets.
CRV — 5 Whale Transactions
The CRV token contract address is (0xd533a949740bb3306d119cc777fa900ba034cd52). During this period, a total of 5 whale transactions occurred, of which 4 transactions were sell orders and 1 transaction was a buy order. According to the price at the time of the transaction, the smallest transaction volume was 558,598.94 CRV, with a value of approximately US$341,363, which was a buy order; the largest transaction volume was 1,051,433.12 CRV, with a value of approximately US$733,120, which was a sell order.
CVX, OHM, LINK, wMEMO, LBR — 1 whale transaction each
The CVX token contract address is (0x4e3fbd56cd56c3e72c1403e103b45db9da5b9d2b), with only one whale transaction, with a transaction volume of 83627.63 CVX. Based on the price at the time of the transaction, the value is approximately US$314,440, which is a sell order.
The OHM token contract address is (0x64aa3364f17a4d01c6f1751fd97c2bd3d7e7f1d5), with only one whale transaction with a transaction volume of 31,511.26. Based on the price at the time of the transaction, the value is approximately US$344,103, which is a sell order.
The LINK token contract address is (0x514910771af9ca656af840dff83e8264ecf986ca), with only one whale transaction, with a transaction volume of 81,157.88 LINK. Based on the price at the time of the transaction, the value is approximately US$434,159, which is a buy order.
The wMEMO token contract address is (0x3b79a28264fc52c7b4cea90558aa0b162f7faf57), with only one whale transaction, with a transaction volume of 10.66 wMEMO. Based on the price at the time of the transaction, the value is approximately US$302,446, which is a buy order.
The LBR token contract address is (0xf1182229b71e79e504b1d2bf076c15a277311e05), with only one whale transaction with a transaction volume of 257,038.34. Based on the price at the time of the transaction, the value is approximately US$326,439, which is a buy order.
AAVE, GRAI, FXS, PAX, RPL — 1 whale transaction each
The AAVE token contract address is (0x7fc66500c84a76ad7e9c93437bfc5ac33e2ddae9), and there is only one whale transaction with a transaction volume of 4687.51 AAVE. Based on the price at the time of the transaction, the value is approximately US$305,391, which is a buy order.
The GRAI token contract address is (0x15f74458ae0bfdaa1a96ca1aa779d715cc1eefe4), with only one whale transaction, with a transaction volume of 310,778.06 GRAI. Based on the price at the time of the transaction, the value is approximately US$306,408, which is a buy order.
The FXS token contract address is (0x3432b6a60d23ca0dfca7761b7ab56459d9c964d0), and only one whale transaction occurred with a transaction volume of 55,000.67 FXS. Based on the price at the time of the transaction, the value is approximately US$335,504, which is a sell order.
The PAX token contract address is (0x8e870d67f660d95d5be530380d0ec0bd388289e1), and only one whale transaction occurred with a transaction volume of 464,900. Based on the price at the time of the transaction, the value was approximately US$464,900, which was a sell order.
The RPL token contract address is (0xd33526068d116ce69f19a9ee46f0bd304f21a51f), and only one whale transaction occurred, with a transaction volume of 8738.47 RPL. According to the price at the time of the transaction, the value is about 367,016 US dollars, which is a sell order.
The above is the transaction data of the giant whales on the Ethereum chain in the past two weeks. BTC and ETH still account for the majority of the transaction volume, followed by several mainstream LSD protocols, Lido, Frax, Rocket Pool, etc., as well as the well-known PEPE, AAVE and CRV, etc. The giant whale accounts include some market makers, Tradefi accounts and some well-known large holders.
Of course, in addition to Ethereum, whale transactions on Arbitrum and Optimism chains have also been frequent recently. For example, BlockBeats found some ARB and OP holding whale transaction trends in the past week (based on the whale address), as follows:
ARB
On June 20, according to the monitoring of the on-chain analyst Ember, the address starting with 0x3471 (oilysirs.eth) exchanged 550,000 ARB for 482,000 OP an hour ago, and the purchase price of OP was about US$1.15.
On June 20, according to Lookonchain monitoring, a whale with 12,200 ETH bridged 500 ETH to Arbitrum and spent 300 ETH to purchase 511,000 ARB, with an average purchase price of $1.02.
On June 25, according to Lookonchain monitoring, a whale address that had been dormant for nearly two years withdrew 450,881 ARB (about US$504,000), 260,961 OP (about US$350,000) and 30,313 ENS (US$275,000) from Binance.
On June 25, a whale address (0x1b6733878f32e425852ee67a0849ff8a89e6ff21) that had been dormant for nearly two years withdrew 450,881 ARB (about $504,000 at the time), 260,961 OP (about $350,000 at the time), and 30,313 ENS (about $275,000 at the time) from Binance.
Coincidentally, a whale address (0x373704e394ef150241aee836115d78aba3fc5c76) that has been dormant for 6 months and holds over 24 million US dollars on the chain also chose to increase its ARB holdings on June 20. It currently holds a net of 1.569 million ARB (currently equivalent to approximately 1.793 million US dollars).
On June 27, a whale with the address (0xb28fc349b02d30ff42fbdb9a1234c11a7e1bab44) spent 200 ETH (about 375,000 US dollars) to purchase 321,934 ARBs. Currently, the ARB holdings of this address are about 860,491 ARBs, with a total value of about 1,049,479 US dollars.
On June 27, a whale with the address 0x79cc spent 1,058,665 USDC to purchase 937,176 ARBs at a price of approximately $1.13.
ON
On June 22, the whale with the address (0xacf32f4e1260636cf1e3066c060c74ad52fe4e9e) added 983,830 OPs, and then sold 309,245 and 2,164,761 OPs in batches. The current OP holdings at its address are 177,555,300.
On June 27, a whale with the address (0xaD26251B8f287ed4e6272E3d974A4CA178744C90) transferred a large amount of OP to the wallet in batches. Currently, the address holds 2.665 million OP, with a value of approximately US$3.54 million.
Although there is no need to completely imitate or follow the movements of giant whales, if we are approaching a bull market, we can still develop some new ideas based on the giant whales' increase and decrease positions, DYOR!