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Discover the Top Performers: Bitcoin Struggles to Recover, Whales Increase Holdings in These Altcoins in the Last 24 Hours!
According to data from Nansen, Polygon (POL), Ethereum (ETH), WETH, and ENA were the most purchased altcoins by whales.
By Elif Azra Güven
June 25, 2024 – 08:13
Last Updated: 5 seconds ago
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Bitcoin, which saw a significant drop after reaching its all-time high of $73,000 in March, began the new week on a downward trend.
BTC fell to $60,000 in the morning and continued to decline, dropping below $59,000 in the evening.
However, Bitcoin made a recovery, rising back up to $60,800.
As BTC recovered, altcoins followed suit and showed positive divergence from the market.
According to CoinMarketCap, SingularityNET (AGIX) saw a 23.1% increase, Dogwifhat (WIF) increased by 22.3%, Fetch.ai (FET) and BONK also saw positive gains, rising by 21.8% and 17.4% respectively.
Whales took advantage of the market’s recovery and increased their holdings in altcoins during this time.
During the market recovery, the on-chain data tracking platform Nansen revealed the most purchased cryptocurrencies in the last 24 hours.
According to Nansen, whales turned to various altcoins, with Polygon (POL), Ethereum (ETH), WETH, and ENA being the top choices for whale purchases.
In the list of most purchased cryptocurrencies, POL ranked first, followed by ETH, WETH, and ENA.
In addition to these, whales also bought Chainlink (LINK), OUSG, and UNI.
POL saw an inflow of $16.9 million in the last 24 hours, while ETH had an inflow of $9.1 million and WETH had $7.2 million.
*This is not investment advice.
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