News

Whale Portfolio Trends: Stablecoins Lead, DeFi And Marketplaces Rise

Recent data has unveiled the top 50 tokens most commonly held in iCrypto Whale portfolios on Ethereum each month, offering insight into which categories dominate their allocations.

Analyzing these trends reveals how the investment focus of large crypto holders has shifted over time.

In the early months of the year, stablecoins such as $USDT, $USDC, and $DAI dominated whale portfolios. During Q1 and the beginning of Q2, stablecoins were heavily favored as a safe harbor, but their dominance declined as the market started to bottom out and altcoins began to recover.

From Q2 onwards, marketplace tokens ($OKB, $FTT, $KCS) and decentralized finance (DeFi) tokens ($DAI, $AAVE, $LDO, $ENA) saw a significant rise in whale portfolios. These categories emerged strongly as whales adjusted their strategies to capitalize on the growing opportunities in DeFi and digital marketplaces.

Other categories, such as governance tokens, zero-knowledge proofs (ZKPs), decentralized autonomous organizations (DAOs), and real-world assets (RWAs), remained relatively stable with no significant shifts in allocation, continuing to hold a considerable portion of whale portfolios.

Related Post

Whales Might Have Shifted Their Focus To Other Market Sectors 

Layer 2 solutions ($MATIC, $STRK) and platform tokens ($CYBER, $LINK, $QNT) were more prominent in the first half of the year but eventually faded from focus, suggesting that whales shifted their attention elsewhere as the market evolved.

Interestingly, meme tokens, often popular with retail investors, hold little appeal for whales. While $PEPE and $MOG are notable exceptions, they remain far less represented in whale portfolios compared to other categories.

Overall, the data highlights how whale investment strategies evolve over time, with stablecoins giving way to altcoins and DeFi as market conditions shift.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!

Image Source: kinomasterskaya/123RF // Image Effects by Colorcinch

Will Izuchukwu

Will is a News/Content Writer and SEO Expert with years of active experience. He has a good history of writing credible articles and trending topics ranging from News Articles to Constructive Writings all around the Cryptocurrency and Blockchain Industry.

Share
Published by
Will Izuchukwu

Recent Posts

XRP Crash? XRP Falls Below $0.5 Resistance Level as Next Gen Altcoin JetBolt Takes Over

Spooky season might be over but doom is still looming as Ripple’s XRP falls below…

2 hours ago

This New Exchange Token Is Poised for a Price Surge Alongside Cardano and Avalanche – Analysts Predict Huge Gains This November

Three promising altcoins are causing a stir among investors this November: Avalanche (AVAX), Cardano (ADA),…

2 hours ago

With Dogecoin Dipping and TRON Holding, Is Lunex the Hottest Crypto Now?  

Everyone knows what the hottest crypto can do. When it was so hot it was…

3 hours ago

Tron Fees To Be Cut In Half Through Proposal 95, Cutoshi Surpasses $600k As TRX Investors Join CUTO Presale

The Tron network has witnessed incredible growth in several areas, especially in its adoption, which…

4 hours ago

$Pepe Whale Sell-Off And Fund Transfers Stir Volatility In Meme Coin Market

Recently, major $PEPE holder Flow Traders transferred 520 billion $PEPE tokens—worth approximately $4.73 million—from address…

12 hours ago

Lido Finance Launches Community Staking Module As Whale Sells Off $LDO At A Loss

Earlier this week, Lido Finance ($LDO) introduced the Community Staking Module (CSM) on the Ethereum…

12 hours ago