Big Burn Makes BABYDOGE Top Purchased Token By 2000 Largest BSC Whales

Currently, the Babydoge coin also topping the list of most traded assets by the 100 largest BSC whales.

BabyDoge (BABYDOGE) is now among the top 10 most purchased tokens by the 2,000 largest whales on the Binance Smart Chain (BSC). The asset has also attained the same feat among the 100 largest BSC whales, securing a third position on the list of the top 10 most purchased tokens by these addresses.

The achievement was recently called to attention by the notable crypto whale tracking resource WhaleStats. “JUST IN: BabyDoge now on top 10 purchased tokens among 2000 biggest BSC whales in the last 24hrs,” WhaleStats disclosed in a tweet. The platform also revealed that assets such as Fantom (FTM) and Cardano (ADA) are also on the list.

JUST IN: #BabyDoge @babydogecoin now on top 10 purchased tokens among 2000 biggest #BSC whales in the last 24hrs ?

We've also got $AXS, $FTM, $ADA, $LINK & $GMT on the list ?

Whale leaderboard: https://t.co/gGAxYJttsD#BabyDoge #whalestats #babywhale #BBW pic.twitter.com/2xlZqRn2zH

— WhaleStats – the top 1000 BSC richlist (@WhaleStatsBSC) February 2, 2023

A dive into WhaleStats’ official website reveals an even more impressive feat, as BABYDOGE is seen to be the third most purchased token among the top 100 BSC whales, and the first most purchased excluding stablecoins. The average purchase amount for BABYDOGE among these whales is $396, the highest for any asset (excluding stablecoins).

Moreover, BABYDOGE currently tops the list of most traded assets among the biggest 100 BSC whales in the past week, towering over assets such as Tron (TRX), Binance USD (BUSD), and Bitcoin BEP2 (BTCB). It also secures a second position on the list of assets with the most used smart contracts, only below Binance Coin (BNB).

It should be noted that BABYDOGE is not on the list of most sold tokens. This indicates that, while these whales have particularly taken to amassing BABYDOGE tokens, most of them have chosen to retain their bags and not sell them off.

BABYDOGE Burn Disclosure Triggered Whale Interest

Meanwhile, BABYDOGE is among the few assets that are registering gains above 10% in the past 24 hours despite the recent market-wide opposition. The asset is currently changing hands at $0.000000001757, up 15.51% in the past 24 hours and 37.93% in the past week.

BABYDOGE’s recent uptrend picked up yesterday following an official disclosure from the team that they had burned a whopping 682 trillion tokens worth over $1M at the time. Trade volume also saw a surge, soaring from $4.5M at 18:00 hours on February 1 to $8.5M at 18:00 hours on February 2 – an 89% increase. This corroborates the recent data on increased whale interest.