The Crypto Market Tries Recovering From The Debacle Between FTX and Binance

November 16, 2022

Hello Bubble Riders!

Today we are looking at Whale activity for the top 100 crypto wallets and some “smart money” wallets on the Ethereum blockchain.

Let’s start with data from whalestats.com. The relevant portion is contained in these two lists–top coins sold and purchased.

ETH stands at being a net-sell at $239k.
USDT is a net-buy at $200k
Overall, Whales have continued to move into stablecoins and are preparing for a larger ETH decline.

Notably even the Whales are stuck holding FTX, like the rest of us.

Stay safe out there everyone!

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This piece of content is provided for educational and entertainment purposes only. Robin Technologies and Analytics LLC is the firm that distributes 1.2 Labs products. The firm does not provide individually tailored investment advice and does not take a subscriber’s or anyone’s personal circumstances into consideration when discussing investments; nor is Robin Technologies and Analytics LLC registered as an investment adviser or broker-dealer in any jurisdiction.

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TAGS:

#whalewatch, crypto, Crypto market, crypto news, Investing

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