👛 Cryptocurrencies that whales are buying the most right now

Data for April shows a 30-day spike in whale activity for cryptocurrencies with a market capitalization of over $500 million.

🚀 GateToken is the leader with a 200% increase. It is followed by USD Coin with a 124.41% increase and UNUS SED LEO with a 100% increase. Chainlink and Toncoin also saw a 100% increase, ranking 4th and 5th respectively.

This indicates increased activity from major stakeholders, which is often interpreted as a trend towards accumulation.

🏆 Interestingly, there are two Layer-2 blockchain projects in the top five, with USDC on Polygon and LINK on Optimism.

This may indicate a growing institutional interest in Layer-2 solutions for faster and cheaper transactions.