After this round of plunge, which assets are the whales buying the dips?

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Chainfeeds Introduction:

On August 5, the global capital market suffered a historic plunge, with the total market value of the crypto market falling below $1.9 trillion, a 24-hour drop of 16.8%. BlockBeats author Wei Siguai combined on-chain data to analyze the capital dynamics of whale(single transaction amount exceeds $100,000).

Source:

https://www.theblockbeats.info/news/54526

Article author:

Weird thinking


Viewpoint:

Weird thinking: BTC (including WBTC and tBTC): Between August 5 and August 6, whale executed a total of 292 BTC transactions, of which 199 were buys and 93 were sells. A total of 1949.11 BTC were bought, worth approximately $104,732,418.30; a total of 92,301 BTC were sold, worth approximately $50,184,355.29. A total of 98 whale executed net buy operations during this period, net buying 1,694.31 BTC, worth approximately $91,121,163.77; a total of 62 whale executed net sell operations during this period, net selling 668.21 BTC, worth approximately $36,278,885.71. ETH and its LRT assets: Between August 5 and August 6, whale executed a total of 469 ETH-related transactions, of which 271 were buys and 198 were sells. A total of 53,593.22 ETH were bought, worth approximately $140,861,717.70; a total of 33,070.36 ETH were sold, worth approximately $88,712,661.11. A total of 74 whale executed net buy operations during this period, net buying 46,077.37 ETH, worth approximately $120,889,157.07; a total of 79 whale executed net sell operations during this period, net selling 25,554.51 ETH, worth approximately $68,707,773.70. PEPE: Between August 5 and August 6, whale executed a total of 63 PEPE transactions, of which 27 were buys and 36 were sells. A total of 1262952000000 PEPE were bought, worth about $8831090.79; a total of 1512039000000 PEPE were sold, worth about $10958647.06. A total of 16 whale executed net buy operations during this period, net buying 1139901000000 PEPE, worth about $7995082.73; a total of 23 whale executed net sell operations during this period, net selling 1388988000000 PEPE, worth about $10122639.00.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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