| 6 wallets held a combined $102m in crypto. All had at least 55% of their portfolio in Ethereum assetsAll were putting their crypto “to work” in borrowing & lending protocolsThe most common protocols we saw used were Convex, Aura Finance, and Aave2 of the wallets had at least 10% of their portfolio in Arbitrum |
| Here’s a breakdown of 3 of the wallets (they had some cool names too) – |
| 1/ Ethereum ($25.4m in assets) |
| $13.9m on Ethereum (55%)$5.7m on Avalanche (22%)$4.1m on Arbitrum (16%)$1m on BSC (4%) |
| Main protocols used to get yields were Convex and Aura Finance. |
| This was the most diverse wallet we saw. And ironically it had the least % allocated to Ethereum, even though the name of the wallet is Ethereum. |
| 2/ EverydayWhale ($17.6m in assets) |
| $17.6m on Ethereum (100%) |
| This wallet had ~90% of its money in lending & liquidity pools. All of it is held in 2 protocols: Maker and Uniswap. |
| 3/ PennilessWassie ($22m in assets) |
| $19.3m on Ethereum (88%)$2.4m on Arbitrum (11%)$300k on Optimism (1%) |
| Main protocols used to get yields were Frax, Convex, and Liquity. |