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  • Writer's pictureAnthony Holman

"Smart Money"

Updated: Jul 29, 2022

Our Smart Money segment is powered by research and analytics.

Nansen defines “Smart Money” as, “Wallets that are very active and prolific. Specifically, this

would be any wallet that is considered a fund, smart LP, or whale.”

Nansen tracks these Smart Money wallets and aggregates the data to determine what the

Smart Money is doing and today’s results are in.

The number one “Smart Money” destination of the past 24 hours is…

Wrapped-Ether ($WETH) - With a total of $18.7 million of new smart money!

In second place is Aave’s interest-bearing wrapped-Ether token ($aWETH_v2), with $575,000 of new smart money.

On the other side of things - the smart money is exiting the US Dollar Coin ($USDC). Approximately $51.2 million USDC was exited by smart money wallets in the past 24 hours.

And finally, we’ll end today with a look at the #1 highest selling NFT from the past 24 hours.

And today’s winner is… Bored Ape Yacht Club #2282

The NFTs bio explains,

“The Bored Ape Yacht Club is a collection of 10,000 unique Bored Ape NFTs— unique digital collectibles living on the Ethereum blockchain.”

The NFT was purchased by Ethereum wallet MoonPayHQ for 125 ETH, or about $143,695

dollars at the time of sale.

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