Nansen: “As Bitcoin Corrected, Investors Turned to Ethereum and These ETH-Based Altcoins!” Money is Flowing into These Altcoins!”

While there have been sharp volatile movements in the leading cryptocurrency Bitcoin and altcoins since the weekend, the BTC price fell below $ 62,000 during the day.

While the bloodbath in Bitcoin and altcoins continues, according to Coinglass data, 109,097 investors became liquid in the last 24 hours, while $327 million in leveraged positions were liquidated.

While there were sharp ups and downs in the market, on-chain data tracking platform Nansen announced the most purchased cryptocurrencies in the last 24 hours.

According to Nansen data, while Bitcoin and altcoins showed fluctuating movements, whales turned to Ethereum and ETH-based altcoins.

Accordingly, ETH, weETH, pufETH and Uniswap (UNI) were among the altcoins most purchased by whales.

In the list of most purchased cryptocurrencies, ETH ranked first, weETH ranked second, and pufETH ranked third.

Apart from these, whales also made significant purchases of UNI, WBTC, stETH, CRV and ID.

While ETH recorded an entry of $8.47 million in 24 hours, weETH recorded an entry of $6.65 million, pufETH $6.29 million and UNI $4.68 million. Finally, WBTC experienced an inflow of 2.52 million dollars.

*This is not investment advice.