Wondering what Ethereum whales are buying during this market downturn? You're not alone. Everyone's watching to see where the smart money is flowing.

Top 3 Coins Held by Ethereum Whales During the Crash

Identifying where the largest Ethereum wallets are allocating their capital can offer valuable insights. While portfolio diversification varies, a few key assets consistently appear in whale holdings. According to recent data, here are the top 3 coins Ethereum whales are holding (besides ETH itself) during this period of market volatility:

1. Ethereum (ETH) - Still the King

This was no surprise as Ethereum whales love their ETH. Ethereum was the number one coin held by the top 1000 ETH whales, with 40,651 ETH tokens held. Despite the crash, whales are seemingly holding strong to their primary asset.

2. Fantom (FTM) - A Rising Star?

Interestingly, Fantom (FTM) is showing up on the radar. During the past day, Ethereum whales have sank the most money in the following cryptos: Fantom (FTM)- Whales have purchased an average amount of $448 over. While the average purchase amount may seem small, it indicates increasing interest and accumulation of FTM by larger wallets.

3. Optimism (OP) - Layer-2 Love

Ver más Crypto whales are making quiet moves in Ethereum (ETH) and Optimism (OP), while accumulation remains stagnant or even negative across most other major cryptocurrencies. This suggests that whales are seeing potential in Optimism's Layer-2 scaling solution for Ethereum. OP offers a promising avenue for future growth and adoption, making it an attractive asset for long-term holders.

Disclaimer: Cryptocurrency investments are inherently risky. This information is for informational purposes only and should not be considered financial advice. Always conduct thorough research before making any investment decisions.