Crypto Whales Are Stashing Stablecoins, Not Cashing Out: Data
New data from the stablecoin sector of the cryptocurrency space, taken from the Ethereum ($ETH) blockchain, shows that crypto whales haven’t cashed out of the market during its recent turbulence, but rather that they’re waiting in the sidelines while holding onto stablecoins. According to a recent report from cryptocurrency analytics firm Santiment, stablecoin sharks and…