Here’s the Top 3 Cryptos Whales Are After this Week

Vignesh Karunanidhi
Here's the Top 3 Cryptos Whales Are After this Week
Source: Pixabay

According to Whale Stats, the owners of the top 5,000 wallets are now holding FTX, SHIB, MATIC, LINK, and four other Ethereum-based digital assets.

Whalestats track up to 5000 of the largest Ethereum wallets (the “whales”), who hodl an average of 10,404 ETH.

The most popular coin among whales is FTX.

WhaleStats announced the top ETH whales holdings

According to the WhaleStats analysis, the top 5000 ETH whales hold FTX, SHiB, BEST, MATIC, MANA, LINK, CHSB, and OKB. FTX tokens rank the highest, with the whales holding $1,885,315,239 worth of tokens.

The whales have also amassed $1,631,778,471 SHIB, $387,200,136, BEST and $385,403,059 MATIC.

Don’t get rekt

The Twitter space is filled with whale stats, the top ten coins, to the moon tokens, and so on. But whom to trust your funds with? Nobody but you. Because only you know your financial position and only you can get yourself rekt.

Trusting an influencer or celebrity with your hard-earned money will throw you in the street.

It is never a good idea to duplicate someone else’s trades or financial strategies. There are several causes for this, but one, in particular, stands out. You have no idea how they’ll handle the transaction.

Therefore you’re probably clueless about how to handle it yourself.

You are solely responsible for your own actions and finances. You can’t imitate someone else’s transaction since you’re not in the same mindset, your financial condition is likely different, and your expectations are likely different as well. Each investor’s financial situation is different.

You hear MicroStrategy and LUNA foundation acquiring thousands of Bitcoin, and you wanna do the same. Guess what, that’s not how it works.

Do your own research always. Learn about the coin, the project, its utility, do a scam check, and go through its team details. Some of these basic precautions can save yourself from getting rekt.