I analyzed the top 10 Crypto Wallets. Here are the insights & takeaways. June Edition.

Covduk
10 min readJun 27, 2022

I analyzed the top 10 wallets on DeBank to gain insights.

This thread contains an overview & takeaway from every single one of the top 10 wallets. I did this before in April. If you want to read that it’s over here (although it’s a bit outdated). Here is the June version.

If you want to look at the common trends & holdings across all of them directly, skip to the end.

Some disclaimers.

  • These are the top 10 wallets according to Debank’s ranking
  • These only include ETH & EVM chains
  • These wallets represent 1 hot wallet. Whales have multiple wallets & spread them out. This won’t include all their holdings. Their networth is likely larger than the value of this single wallet on Debank.

10. FOMO

Wallet size: 590K

NFT portfolio: 80K

Chain breakdown:

  • 340K on ETH (58%)
  • 239K on Optimism (41%)

Wallet holdings:

  • sUSD — 230K
  • CTX — 55K

Protocol Deposits:

  1. Lido — $127K
  • Staking 104 ETH

2. Temple DAO — $90k

  • Staking 134K TEMPLE

3. ETH2

  • Staking — 32ETH 1

4. Euler — 11k

  • lending 1.1k ENS

5. Synthetix — $5.3K

  • supplied 2.5K SNX
  • Borrowed 1.2K sUSD

6. Convex — $3.3K

  • FXS + cvxFXS pool

7. Charm — $3K

  • WBTC + USDC

Takeaways:

  • Primarily on ETH & Optimism ( betting on ETH ecosystem in this market)
  • FOMO was primarily on Cronos & Aurora 1 & half months ago, now primarily on ETH.

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Covduk

I write crypto 101s, dive dives and how tos. Crypto | NFTs| DeFi