Minimal Whale Activity: Whales Hold Stablecoins During This Crypto Winter

December 14, 2022

  • There is minimal whale activity because the top bought and sold tokens are stablecoins.
  • Both USDC and USDT are net-buys.
  • It is unclear if whales are hedging Tether, only time will tell. 

In sum, compared to last week, it looks like there is less whale activity. To follow the whales, play it safe for right now. They are mostly handling stablecoins and basic staking (both safe) to earn easy yields during this crypto winter.

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