This is what nothing looks like. Crypto winter continues and Whales are hibernating

September 29, 2022

Today’s look at the top 100 ETH wallets.

  • Whales are net-buying USDC
  • And net-selling ETH 
  • We are not seeing anything with yield bearing tokens or protocols

While whale activity is still minimal, sentiment seems to still favor USDC. What would be interesting to look for in the future is what we are not seeing today… yield-bearing transactions. This could mean that whales are holding onto their yield-bearing tokens from earlier which has two possible implications: they are giving it time to see how it develops, or, it is successful and they are holding onto it.

If you found this helpful, Subscribe to The Art of the Bubble’s free newsletter.

Join us on Discord for live chat and daily updates. Find us on Twitter too

You found this content helpful ?

  1. 1
    Join our free weekly "Bubble Bulletin" for more
  2. 2
    Join us on Discord for live chat and daily updates
  3. 3
    Follow us on Twitter
  4. 4
    Share this content using the buttons below :


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.

You should expect no financial returns one way or another based on statements contained herein. These points hold equally for any statements that could be attributed to The Art of The Bubble or any related business entities or personnel operating in association with Robin Technologies and Analytics LLC.

If you decide to buy or invest in anything, then your returns and potential losses are your own. No statements about taxation are taxable advice and you are encouraged to consult your own tax professional. You are also encouraged to do your own due diligence before investing in anything.


June 21, 2023

March 16, 2024

March 22, 2023

June 28, 2023

February 13, 2022

March 5, 2023

April 18, 2024

January 3, 2023

August 9, 2023


May 23, 2024

May 22, 2024

May 21, 2024

May 20, 2024

May 16, 2024

May 15, 2024

May 14, 2024

May 9, 2024

May 8, 2024

What do do now?

Join the free 1.2 Labs "Bubble Trading" Bulletin for new trading strategies, macro & sentiment analysis and occasional free airdrops