In this dashboard, I analyzed the swaps that have been done by Whales. Whales are wallets with a high value of assets. There is no definition for the amounts of assets. At first, I considered Only wallets with more than 1m ALGOs as Wahles but because of a low number of swaps, I changed this condition to 100k ALGOs.
Note: In this dashboard, I only analyzed single-signature wallets.
In the following table, you can see the list of single-signature wallets with a balance of more than 1m ALGO (370 wallets):
As you can see only 2 of them swapped their tokens and overall there were 26 swaps. 24 of them with pactfi and 2 of them with tinyman.
In 2 of these swaps, the starting asset was Yieldly and in 24 of them the destination token was GARD
In the following table, you can see the list of single-signature wallets with a balance of more than 100k ALGO (1318 wallets):
Only 54 of these wallets had swaps (924 transactions).
In the following graphs, you see the number of swaps that each wallet initiated and the DEX they used for the swap.
The most used DEX was tinyman with 787 swaps, then pactfi with 136 swaps, and at the end algofi with one swap.
In the following graphs, you can see the popular tokens in both directions of swaps.
On the starting token side, Yieldly and then goMINT had the highest number of transactions respectively and by the amount goMINT and Yieldly had the highest amounts respectively.
On the destinationtoken side, again Yieldly and then goMINT had the highest number of transactions respectively and by the amount goMINT and Yieldly had the highest amounts respectively.
- Most of the Whales don't swap their tokens (in our case only 4% had swaps)
- Yieldly had the highest number of swaps in both directions
- goMINT had the highest value of saps in both directions