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APE Surpasses AAVE to Become Most Traded Crypto for Largest ETH Investors

Tue, 03/22/2022 - 15:32
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Yuri Molchan
Trending ApeCoin now holds position of most traded token by largest Ethereum wallets
APE Surpasses AAVE to Become Most Traded Crypto for Largest ETH Investors
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WhaleStats on-chain analytics service that tracks down the transactions and holdings of the 100 largest whales on several chains, including Ethereum, has tweeted that ApeCoin has become the most traded one for the largest 100 wallets today, March 22.

Previously, this honorable position was held by another token that has become popular recently, AAVE.

As for the other top positions among these wallets, FTT remains the largest token by USD value (followed by Shiba Inu), and UNI is the most widely held token.

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Earlier, U.Today reported that Time Magazine intends to start accepting ApeCoin as payment from its subscribers in the near future.

In other news, over the weekend, anonymous whales purchased a staggering 600,000 APE worth over $8.4 million.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.