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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 so that We can see

what the Smart Money is doing.

The results are in.

The number one ‘Smart Money’ destination over the past 24 hours is…

Wrapped Ether ($wETH) - With over $11 million flowing into the token.

On the losing end - Smart Money is exiting the USDollar Coin ($USDC) to the tune of

about $42 million 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…

CryptoPunk #9650 from the CryptoPunks collection.

The CryptoPunks bio reads,

“CryptoPunks launched as a fixed set of 10,000 items in mid-2017 and became

one of the inspirations for the ERC-721 standard…”

The CryptoPunk sold for 169 ETH, equal to about $265 thousand dollars at the time of


That does it for today.

As always thank everyone for tuning in.

We’ll see you tomorrow.

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