Hacks, Scandals and Scams - 3. Whales On Alert
Identify active wallets with a high balance of ETH (whales). Visualize the ETH transaction history of these whales in May and June 2022.
ACTIVE WHALES
To answer this question, we should set 2 different conditions for the wallets to consider them as active whales; First, they should have a minimum of 1 transaction per day since the beginning of 2022 ( or at least 180 transactions in the first 6 months of 2022 ) to consider them as an active wallet then they should hold a large amount of ETH to consider them as a Whale.
TOP 10
The following table and graphs show us the top 10 (by balance) wallets that meet both of these conditions:
And here we have the distribution of daily transactions. As you can see more than 95% of daily transactions are for only 3 Whales (more than 97% for only 4 whales and less than 3% for the other 6 Whales)
And here you can see the number of each type of transaction in May - June 2022 and daily distribution of them in the same period.
CONCLUSION
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The distribution of transactions for our top 10 wallets is not even (most of transactions are for 3 wallets)
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From May 7th we have an increase in the number of transactions until May 12th when it reaches its peak (12k to 33.5k)
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The same behavior happened on June 12th-13th when the number of transactions jumped from 14k to 25k
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Most of the transactions are Transfer (89.4%)
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