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#Could BTC break the $60K-$70K range soon? #
While the fall that started in April in Bitcoin and altcoins continued in the first days of May, the BTC price fell to $ 56,500.
After this decline, BTC and altcoins saw a rebound, and the BTC price approached the $62,000 mark.
The whales, which tend to evaluate the declines, did not sit idle again and made altcoin purchases.
Accordingly, as the market recovered, on-chain data tracking platform Nansen revealed the most purchased cryptocurrencies in the last 24 hours.
According to Nansen data, whales have turned to different altcoins. Accordingly, ZENT, COMP, and IMX were among the most purchased altcoins by whales.
USDC ranked first in the list of the most purchased cryptocurrencies, while ZENT ranked second, COMP third, and IMX fourth.
Whales also made significant purchases of PEPE, WBTC, ETHFI, and DOG.
USDC recorded an inflow of $48.3 million in the last 24 hours, while ZENT recorded an inflow of $17.5 million, COMP $5.4 million, IMX $2.3 million, and PEPE $1.1 million.