While the leading cryptocurrency Bitcoin (BTC) showed sharp volatile movements in the last 24 hours, the long-awaited $ 69,000 was reached yesterday.
However, this visit of Bitcoin was short-lived and it fell to $ 59,000 due to the sales pressure.
While there was a bloodbath in Bitcoin and altcoins, according to Coinglass data, 296,029 investors became liquid, while $ 1 billion 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 exhibited fluctuating movements, whales turned to Ethereum (ETH)-based altcoins.
Accordingly, stETH, Ethereum Name Service (ENS) and WETH were among the altcoins most purchased by whales.
In the list of most purchased cryptocurrencies, stETH ranked first, WETH ranked third and ENS ranked second.
Apart from these, whales also made significant LINK purchases.
stETH recorded an entry of $34.8 million in 24 hours, while ENS recorded an entry of $6.3 million and WETH recorded an entry of $3.6 million. Finally, LINK experienced an entry of 660 thousand dollars.
*This is not investment advice.