It’s a bird, it’s a plane, no, it’s a crypto whale

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Welcome back to Chain Reaction.
Earlier this week, I took a look at what some major crypto whales’ wallets were doing, where they parked their funds and how their activity signals movement in the broader market.
I examined six wallets, which were provided to TechCrunch by on-chain portfolio data from Nansen. The wallets are worth almost half a billion dollars, with the majority of their assets allocated on the Ethereum blockchain, the data showed.
A majority of the wallets include “wrapped” crypto assets, which is a t

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