Ethereum Whales Prefer Usdc as $13.8M Shift Toward Stablecoins

Ethereum Whales Prefer Usdc as $13.8M Shift Toward Stablecoins

The activity of Ethereum whales has not shown any clear trend in the last seven days, although there is high volatility, meaning whales are very much in action. In a recent analysis, no dominant buying or selling bias was seen despite the high activity. One question that needs to be answered is whether the whales are moving their wealth into stablecoins or whether the reverse is the case. This will give us an idea of the dominant sentiment among…