DYDX on Top 10 Most Purchased List Among 1,000 Biggest ETH Whales

• WhaleStats tweeted that DYDX is on the top 10 most purchased list among the 1,000 biggest ETH whales.
• The altcoin’s price has dropped more than 10% over the last 24 hours.
• Technical momentum oscillators suggest that bears have the upper hand.

The crypto whale tracking website WhaleStats (@WhaleStats) reported this morning that dYdX (DYDX) is now on the top 10 list of most purchased tokens among the biggest Ethereum (ETH) whales in the last 24 hours.

JUST IN: $DYDX @dYdX now on top 10 purchased tokens among 1000 biggest #ETH whales in the last 24hrs

Peep the top 100 whales here: https://t.co/jFn1zIOq03

(and hodl $BBW to see data for the top 1000!)#DYDX #whalestats #babywhale #BBW pic.twitter.com/dSY6zHPooh

— WhaleStats (tracking crypto whales) (@WhaleStats) February 22, 2023

The accumulation of DYDX of ETH whales over the last 24 hours could have something to do with the drop in the altcoin’s price over the last day, as whales identified the price drop as an opportunity to add to their DYDX holdings.

At press time, CoinMarketCap shows that DYDX’s price has fallen 10.69% over the last 24 hours. The altcoin’s price also weakened against the two cry…

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