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Which coins are crypto funds buying?

Which coins are crypto funds buying?
CryptON
20/11/2024
Authors: CryptON
#Earning Strategy
#ArbitrageScanner
#Research and Analysis

What Tokens Are Crypto Funds Buying?

In the crypto market, venture capital funds play a significant role, with their purchases often signaling confidence and support for a project, providing essential financial backing. On the other hand, the sale of tokens by VCs to realize investment profits (known as an exit) can be interpreted by the market as a signal about the project's prospects, influencing other investors' decisions. Additionally, VCs may manage token liquidity to balance market demand.

Over the past week, venture capital activity in the cryptocurrency market has notably increased. Let's explore which tokens they have been acquiring and what this might mean for the projects.

1) PEPE

In the last 7 days, venture capitalists have increased their holdings of PEPE tokens by $125,197,797.33, equivalent to 5,976,028,512,262.41 PEPE. The total holdings of this token among funds now stand at 8,874,818,873,978.92 PEPE, with a growth rate of 206.16%. Does this confirm theories that meme tokens are the new trend of this bull market?

Which coins are crypto funds buying?

VC wallets and balances:

VC Name

Balance

Balance Value

Jump Trading

7.92T

$165.56M

Wintermute Trading

839.82B

$17.55M

Nascent

350B

$7.32M

Alameda Research

84.35B

$1.76M

B2C2 Group

84.35B

$1.76M

BloFin

52.32B

$1.09M

Tokka Labs

43.92B

$917.89K

2) Mantra DAO

Funds have also been actively acquiring $OM tokens, increasing their holdings by $21,338,483.62 or 5,321,317.61 OM. The total holdings now stand at 17,424,898.01 OM, with a weekly growth rate of 43.96%. Mantra DAO is a decentralized financial services platform and a Layer 1 blockchain.

Which coins are crypto funds buying?

VC wallets and balances:

VC Name

Balance

Balance Value

FalconX

17.19M

$67.73M

BloFin

112.01K

$441.31K

Master Ventures

47.22K

$186.06K

Amber

34.09K

$134.31K

Wintermute Trading

1.29K

$5.08K

3) Polygon

Investments in $POL tokens also increased by 11,428,808.85 POL, equivalent to $5,000,343.87. The total holdings among funds now stand at 22,164,853.44 POL, with a weekly growth rate of 106.45%. $POL (formerly MATIC) is an infrastructure token linked to blockchain protocols, used for staking, liquidity provisioning, and decentralized governance. This makes it an attractive option for long-term investments.

Which coins are crypto funds buying?

VC wallets and balances:

VC Name

Balance

Balance Value

Galaxy Digital

25M

$10.94M

Alameda Research

13.73M

$6.01M

Wintermute Trading

7.56M

$3.31M

GSR

599.85K

$262.45K

B2C2 Group

589.82K

$258.06K

Cumberland

459.88K

$201.21K

Flow Traders

395.56K

$173.07K

The activity of venture capital funds over the past week demonstrates their confidence in several promising projects. However, it is important to remember that their actions do not always guarantee success. This is not financial advice or a recommendation to buy. DYOR (Do Your Own Research)

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