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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.”

They track these Smart Money wallets, and aggregate the data so that We can see

what the Smart Money is doing.

Monday, July 11th. The results are in.

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

Wrapped Bitcoin ($wBTC) - With a total of $12 million flowing into the token.

In second place is DAI ($DAI), with a total inflow of $9.5 million.

On the flip side - Smart Money is exiting the USDollar Coin ($USDC). Approximately

$46.5 million $USDC was sold in the past 24-hours.

And finally, we’ll end todays episode with a look at the #1 highest selling NFT from the

past 24-hours.

Today’s winner is…

Bored Ape Yacht Club #955.

The NFTs bio reads,

“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 the wallet address sfs08 for 129.474 ETH, equal to

$141,881 at the time of purchase.

That does it for today.

Thanks for tuning in.

Remember, none of this is investment advice. Crypto is risky. You could lose what you

put in.

We’ll see you tomorrow.

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