ETH whales are also taking a liking<\/a> to the DeFi sector, particularly the decentralized exchange and automated market maker protocol Curve DAO<\/a>. The heavyweight wallets splurged on average $21,166 to acquire 22,728 CRV in the past 24 hours, at time of writing.<\/p>\n\n\n\n The whales likewise jumped into Convex Finance<\/a> (CVX), the protocol built on top of Curve Finance.<\/p>\n\n\n\n CRV has been on a tear this week, surging by 60% from a low of $0.63 to a high of $1.01. Convex Finance has likewise rallied in a big way, lurching 80% from $3.52 to a high of $6.36. At time of writing, CVX has fallen back out of the top 10 most purchased crypto assets in the last 24 hours but remains up 9% on the day.<\/p>\n\n\n\n Another crypto project making a splash is the\u00a0Woo Network<\/a>\u00a0trading platform, with rich wallets gobbling up 84,248 WOO tokens for a buy-in of $15,559.<\/p>\n\n\n\n Decentralized crypto lending and borrowing protocol Compound<\/a> saw an average of 22 COMP purchased for an even $1,000, while synthetic asset protocol UMA<\/a> saw 249 UMA tokens bought for $652.<\/p>\n\n\n\n A trio of US dollar-pegged stablecoins also ranked high on the list, led by Circle\u2019s US Dollar Coin<\/a> (USDC) with an average buy-in exceeding $1 million.<\/p>\n\n\n\n Whales grabbed $381,065 of Binance cryptocurrency exchange\u2019s Binance USD<\/a> (BUSD), as well as Bitfinex\u2019s Tether<\/a> (USDT) for $39,654.<\/a><\/p>\n\n\n\n Ethereum<\/a> itself ranks 2nd overall with the whales spending $476,707 to accumulate 419 ETH tokens.<\/p>\n\n\n\n The largest Ethereum whales in existence are accumulating one enterprise-grade blockchain platform plus a pair of linked decentralized finance (DeFi)<\/p>\n","protected":false},"author":1,"featured_media":10140,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3423,254,3421],"tags":[3456,3426,3468,3441,3482,888],"_links":{"self":[{"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/posts\/10138"}],"collection":[{"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10138"}],"version-history":[{"count":1,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/posts\/10138\/revisions"}],"predecessor-version":[{"id":10141,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/posts\/10138\/revisions\/10141"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/media\/10140"}],"wp:attachment":[{"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10138"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"\"](\"http:\/\/blog.jlbn.net\/wp-content\/uploads\/2022\/07\/whalestats.png\")
<\/a>