fallback-image

Data-Driven DeFi Researcher Examines Altcoin Holdings of Crypto Funds

• Thor Hartvigsen has used DeFi analytics tools to examine the altcoin holdings of 20 crypto funds.
• Jump Trading is identified as the largest crypto VC, holding a total balance of $3.8 billion, with Ethereum being its largest altcoin by far.
• Wintermute holds a majority of Ethereum ($301 million in wETH) and recently sold about $4 million worth of VC Ape.

Data-Driven DeFi Researcher Examines Altcoin Holdings

Thor Hartvigsen, a data-driven DeFi researcher based in Copenhagen has used the on-chain analysis tools of Watchers, Nansen, DeBank and Arkham to examine the altcoin holdings of the 20 largest crypto funds. Together, these have a total of over 1,200 wallets. In a thread on Twitter, Hartvigsen presents the eight largest VCs, their largest crypto holdings and recent investments.

Altcoins Indicate Strong Investments

As the analyst points out, altcoin holdings can generally be considered an indication of strong investments. However, there is also no guarantee that VCs are “smart money,” since “they often act completely reckless.”

Jump Trading Identified As Largest Crypto VC

Hartvigsen identifies Jump Trading as the largest crypto VC. The company has a total balance of $3.8 billion, with the largest altcoin in the portfolio by far being Ethereum with $3.25 billion. Following behind are Shiba Inu ($328 million), MATIC ($81 million), USDC ($50 million), wBTC ($50 million), LINK ($20 million), and COMP ($14 million). Smaller positions between $1 million and $10 million include: HFT, AVAX, SNX, CHZ, MASK, AAVE and Lido Finance (LDO).

Wintermute Identified As Second Largest Crypto VC

The second largest crypto VC is Wintermute with a total balance of $401 million. This VC also holds a majority in Ethereum ($301 million in wETH). That position is followed by $47 million in OP ,$22 . 2millioninLDO ,$17millionETH ,$7 . 5millionGALA (thelargestincreasethismonth) ,$7 . 3millionFTM ,$6 . 6millionDYDX ,$6millioninBLUR ,$5 . 7millioninHFTand$5 . 1millioninMATIC . Wintermute made its largest sale in recent history in February when it sold about $4 million worthofVCApe .

Conclusion

Don’t wait! Jump on this Crypto Deal and get a 150% Welcome Bonus plus 100 Free Spins on your deposit today! “So use this info as you wish – to countertrade VCs or identify possibly strong narratives / trades from the funds that are still alive today,” Hartvigsen stressed., BitStarz Player Lands $2 459 124 Record Win ! Could you be next big winner ? 570 % up to 12 BTC + 300 Free Spins for new players & 1 BTC in bonuses every day only at Wild io Play Now !

admin

Related Posts

fallback-image

Crypto Bull Erfahrungen und Test: Lohnt sich das Bitcoin und Krypto traden mit Crypto

fallback-image

Qumas AI Review – Unveiling the Truth Behind this Popular Trading Platform

fallback-image

Bitcoin Up Erfahrungen: Ein Blick auf die Kryptowährung der Zukunft

fallback-image

# Quantum Flash Review – Is it Scam? Unveiling the Truth of this Popular Trading Platform