Whales Buy These Three Altcoins

The online publication the Daily Hodl, Demelza Hays, a former crypto fund manager and Forbes 30 under 30 member, said that the decentralized finance (DeFi) tokens Aave (LEND), Ren (REN), and Kyber Network (KNC) continue to see strong interest from crypto whales. In the same time frame, the top 100 LEND whales accumulated an additional 39.6 million LEND (~$10.1 million at the time of writing) to their collective bags, while the top 100 REN whales added 5.3 million REN (~$850,000 at the time of writing) more to their holdings,” Hays said.

Also, Hays says the increase in the balance of top 100 LEND, REN, and KNC whales means accumulation and it also shows high optimism. “Since the start of the month, the number of addresses holding more than 1000 REN (~$150 at the time of writing) has increased by 550, the number of addresses holding more than 1000 LEND (~$250 at the time of writing) has increased by 817, while the number of addresses holding more than 100 KNC (~$157 at the time of writing) has grown by an additional 150.”.

Timeline of Kyber-network, Ren