Introduction:

Just as in traditional markets there are people who have a large amount of some assets, in the cryptocurrency market some people have a large number of coins or tokens, So they can completely change the trend of currency prices in a short period of time. These peoples called Whales.

In this dashboard, the behavior of whales on Algorand blockchain from the swapping action point of view is evaluated since start of 2022.

The first step of this dashboard belongs to identifying whales. We should know that what are whales?

The easiest way of identifying whales is finding them with their balance of holed tokens. In this dashboard, we consider the whales who has more than 100000 token and its optional. The address of whales on Algorand blockchain is listed in the next table.

In the first part, the number of whales that participate on swaps of Algorand blockchain is determined. As shown in this figure, only 3.77% of whales swap their assets on Algorand.

The number of swaps for each whale address is shown in this bar-chart. As shown in this chart, the highest number of swaps for one whale is 161 swaps.

The most popular assets in whales for swaps are determined by these charts.

The first one shows the most popular assets that whales swapping from. As shown in this chart, Yildly and goMINT are most used assets. Also, Opulous could be consider among these top assets.

The second one shows the most popular assets that whales swapping to in 2022. As shown in this figure, the Yieldly dominate the most used asset to swap in 2022.