Hello everyone! On this dashboard we like to track the whales activity with $eth on the May and June 2022. Let’s take a look to whales definition at the first step:

Defining the whales method:

Firstly on this dashboard I’m focusing on the wallets only, meaning I’m looking at 2 type of accounts here:

1. Non- labeled wallets in flipsidecrypto’s data (As most of them are personal wallets belonging to the real people)

2. All available exchanges wallets ( Such as FTX, Binance, Kraken,…)

So the token accounts and some CEX based routers and contracts like (Mevbot, ….) are not including this tracking.

Finding the Whales

For selecting a wallet for a whale, at first I find the total $eth tokens stored in the wallets on this 2 months and all wallets having more than at least %0.0001 of this amount will be defined as a whale:

So 1949 different wallets are holding more than 6362 $eth and owning more %0.0001 of total 6.63B $eth available on the all wallets. So 1949 whales are detected by this filter. now after finding the whales let's take a look to $eth distributions between them:

We can see more than %82 of Whales are Non-labeled (or maybe personal) wallets, and between the Kraken-13 wallet has is the biggest whale between the exchange wallets.

Also Binance exchange with 6 different wallets in the whales has the highest wallet counts between all the exchange whale wallets.

Next 2 charts are showing the $eth balance of each whale (Kraken-13 with more than 128m, Binance-7 with 121m and 0x73BCEb1Cd57C711feaC4224D062b0F6ff338501e wallet with more then 116m $eth are the biggest whales here):

After finding the whales, let’s find Whales activity by each type of transactions:

We can see Transferring $eth to other accounts is most activity the whales did on May and June 2022, and 4.95m $eth has been sent by the whales in more than 86m transactions, meaning 0.05 $eth transfer on each transaction on average.

Receiving $eth is the 2nd common action here, In more than 72m transactions1.92m $eth has been received by the whales , which means 0.02 $eth on each transaction on average.

Next 2 charts are showing the biggest $eth senders and also the $eth biggest receiver whales:

Binance - 14 wallet which is the second big whale in holding $eth, is the biggest $eth receiver on May and June 2022 and received than 2.85m $eth on this period, after that gemini - 4 and and binance - 17 are in the next places.

Binance - 14 wallet is first here too! This wallet has sent more than 8m $eth on this period, after that FTX exchange - 2 wallet with 5.34m and gemini - 1 with 3.23 $eth transfers are in next places.

Next to charts shows the wallets doing most sending and receiving $eth transactions among the whale accounts.

Coinbase exchange wallet with more than 17k transaction is the most active wallet in receiving $eth, after that Binance depositing wallets and wrapped version ef $eth are in next places

First 4 spots belongs to Coinbase wallets here! and all of them made more than 500k $eth sending transactions, after Coinbase related wallets, FTX exchange wallet is the most active one with more then 430k transactions.

Conclusions

• Kraken-13 wallet with more than 128m, Binance-7 with 121m and 0x73BCEb1Cd57C711feaC4224D062b0F6ff338501e wallet with more then 116m $eth are the biggest whales

• 4.95m $eth has been sent by the whales in more than 86m transactions, meaning 0.05 $eth transfer on each transaction on average in May and June 2022.

• More than 72m transactions1.92m $eth has been received by the whales , which means 0.02 $eth on each transaction on average.

• Binance wallets have the most $eth transfer volume among the whales in both sending and receiving.

• Coinbase wallets is making the most $eth transfer transactions, 4 wallets belonging to the Coinbase exchange, are the most active whales in $eth transfers, making more than 2300k $eth sending transactions.