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Which "cash whales" are behind these eight top agreements?

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Who secretly holds most of the tokens for the protocol you're interested in? At what price do they invest/buy?

原文标题：《这 8 个喜闻乐见的顶级协议，背后都有哪些「持币巨鲸」？》

Original article by Thor Hartvigsen

Bai Ze Research Institute

Who secretly holds most of the tokens for the protocol you're interested in? At what price do they invest/buy?

DeFi 研究员 Thor Hartvigsen 根据自创的数据库，通过研究 Token 持有者排行、风险投资、「聪明投资者」钱包追踪器，花费了 3 周时间追踪了 8 个性能强劲的协议背后的顶级「持币巨鲸」，为我们揭晓了答案。

1, a) A) A) A) A) A) A) A) A) A) Finance)

Holder:

• & have spent Paradigm Capital: 7% ($70 million)

• & have spent Dragonfly Capital: 2.7% & have spent ($27 million)

• Certus One (node operator) : $10 million;

• Wintermute: $8 million;

• Defiance Capital: $7 million;

• Cobie: $4.8 million;

• Kain Warwick: $4 million;

• Alex Svanevik: Three and a half million dollars LDO

Other investors include Jump Capital, Arthur Hayes, Alameda Research, 3AC, Delphi digital.

According to Token Terminal data:

• Paradigm 的 1 亿枚 $LDO Token 会在 2023 年 5 月 1 日完全解锁，当中 7900 万枚已经解锁。

• Dragonfly 于 2023 年 8 月 25 日解锁 1000 万个额外的 LDO Token

这 8 个顶级协议，背后有哪些「持币巨鲸」？

2. GMX

Holder:

• Arthur Hayes (BitMEX Linkup) : $200,500 (worth $15.5 million)

• Unknown whale 1 : $196,000;

• Unknown whale; : $147,000 (in Aave There's also $10 million on the $ETH )

• Unknown whale : 87,000 $GMX

• 'Mewtwooo' : 55,500 $GMX (also holds $5 million in $GNS)

• Tano: 10,000 dollars GMX

The GMX protocol is difficult to track because of the data quotient. Nansen No sign of mortgage GMX. Debank is a big help here:

• Arthur bought most of his GMX in early 2022 (purchased at a cost of 20; ~ $30 / piece).

• The chart below shows some other assets held in the wallets of two GMX unknown whales.

这 8 个顶级协议，背后有哪些「持币巨鲸」？

3. $RPL (Rocket Pool)

Holder:

• Patricio Worthalter (POAP Founder) : 613,000 $RPL (worth approximately $32 million)

• 1kx (investment company) : 534,000 $RPL (worth approximately $27.9 million)

• Blockchain Capital: 121,000 $RPL

• LayerX Capital: 38,000 pieces of gold

• & have spent 3 unknown whale purses hold 6% of the total supply. $RPL

Patricio, whose wallet holds more than $100 million of $RPL, bought most of it back in 2018 and has been taking profits ever since.

这 8 个顶级协议，背后有哪些「持币巨鲸」？

1kx 在 2021 年 8 月以每个 Token 17 美元的价格购买了他们持有的 $RPL 。

Blockchain Cap purchased half of its position in October 2021 and the other half in April 2022.

5. $FXS (Frax Finance)

Holder:

• fraximaxi.eth: $6.58 million FXS (worth about $75 million)

• fraxcetacean.eth: $1.9 million FXS (worth about $21.6 million)

• frax-ape.eth: 148 Ten thousand $FXS (locked until 2025)

• Tetranode: $1.01 million FXS (Locked until 2027)

• Dragonfly Capital: $648,000;

• Arthur Hayes: 105,000 $FXS

• Alameda Research: $26,600 FXS

Dragonfly Capital and fraximaxi.eth receive $FXS once a month from addresses marked "Private Sales".

Here's what it looks like. Frax Finance A number of other investors and supporters.

这 8 个顶级协议，背后有哪些「持币巨鲸」？

5. $CRV (Curve)

Holder:

• Founders Wallet #2-4 : $396 million CRVS (worth about $467 million)

• Michael Egorov: $340 million CRVS (worth approximately $401 million)

• Genesis Trading: $2.8 million CRV

• Tetranode: $2 million CRV

Other smaller investors include Wintermute and Alameda.

Most of the CRVS held by the founders will either be unlocked or locked into VecrVs in the next few years. There are also a number of CRVS unlocked in the Investor's Wallet.

6. $DYDX (dYdX)

Holder:

• Wintermute: 6.5 million $DYDX (worth about $20 million)

• & have spent Amber Group: $2.85 million.

• Hashkey: $2.2 million.

• CMS: $1.76 million;

• DACM: $730,000

• Dragonfly: $514,000

• & have spent Delphi Digital: 220,000 $DYDX

CMS received $DYDX from earlier investments in September 2021 ($15 per $DYDX at this time).

Dragonfly received their $DYDX in October 2021 ($23 per $DYDX at this point) and hasn't sold since.

Here's a list of dYdX's investors:

这 8 个顶级协议，背后有哪些「持币巨鲸」？

7. SNX (Synthetix)

Holder:

• Kain Warwick (Founder) : 12.9 million $SNX (worth about $33.8 million)

• Jump trading: $2.4 million;

• Genesis Trading: $407,000 SNX

• & have spent a16z: $374,000 SNX

• Tetranode: $104,000 SNX

Other investors include Coinbase Ventures and Paradigm.

8. $MATIC (Polygon)

Holder:

• & have spent Republic Capital: $24.5 million (worth about $37 million).

• Blockchain Capital: $17.7 million (worth about $27 million).

• Jump Trading: $17.3 million MATIC

• Dragonfly: $8.3 million;

• Wintermute: $3.7 million;

• Alameda: 2.9 million dollars MATCI

Dragonfly received their $MATIC from Binance in July 2022 (MATIC cost $0.7 at this time).

On January 18 of this year, Republic Capital received the current 24 million Matics from an address marked "Polygon Ecosystem Growth." Republic Capital has previously interacted with the wallet.

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