The largest players in the Binance Smart Chain (BSC) ecosystem hold large amounts of the tokens from two Ethereum (ETH) competitors, according to WhaleStats.
In a recent report, the platform analyzed the cumulative behavior of the largest 1,000 BSC addresses without wallets from crypto exchanges.
They have compiled a list of 10 assets held by BSC whales by tracking the biggest USD tokens in the investor pool.
In second place is the BTCB token, a packaged BTC on BSC that is linked to Bitcoin (BTC) in a 1: 1 ratio. WhaleStats found that BSC whales own an average of $ 814,181 in BTCB tokens.
In third place is Ethereum (ETH) with an average coin value of $ 540,177.
It is followed by challengers Ethereum, Polygon (MATIC) and Avalanche (AVAX), with BSC whales averaging $ 417,439 MATIC and $ 395,926 AVAX.
In sixth place is the stablecoin USD Coin (USDC), followed by Frax Share (FXS). FXS is used as a store of value and maintains the Frax protocol. WhaleStats shows that BSC whales own an average of $ 325,601 in FXS.
Stablecoin True USD (TUSD) ranks eighth, followed by Venus ETH (vETH), issued by the decentralized financial platform Venus (XVS).
Finally, there is Tron (TRX), a blockchain-based decentralized protocol that was developed with the aim of building a global free entertainment content system thanks to blockchain technology and distributed storage.
The source: WhaleStats
WhaleStats also notes that BSC whale stocks are wrapped in Ethereum, Avalanche, USD Coin and True USD by BSC and pegged to their respective cryptocurrencies in a 1: 1 ratio.
Join Bitcoin Magazine Telegram to keep track of news and comment on this article: https://t.me/coincunews
Follow the Youtube Channel | Subscribe to telegram channel | Follow Facebook page
As Bitcoin reaches unprecedented heights and the market surges, he's highlighting five altcoins poised for…
With the crypto market reaching new peaks, many are eager to discover digital currencies poised…
XYZVerse, blending sports passion with meme energy, is set to make a significant impact, uniting…
Will Bitcoin Crash?" seems to be one of the most controversial questions, as the price…
There’s always that one coin people wish they hadn’t overlooked. For many, Cosmos ($ATOM) is…
Cosmos Developer Interchain Foundation sold 3000 ETH from its ICO today, totaling 21,600 ETH sold…
This website uses cookies.