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Whales Snap Up $815 Million in ETH, What Crypto to Buy Now?

A surge in whale activity has seen a staggering $815 million in Ethereum (ETH) snapped up in just 24 hours, sparking a flurry of speculation about what crypto assets are worth investing in next.

According to data from WhaleStats, a platform that tracks large-scale cryptocurrency transactions, the massive ETH buy-up is the largest single-day accumulation of the token in over a year. The sudden influx of buying pressure has sent ETH prices soaring, with the cryptocurrency surging by over 10% in a single day.

But what's driving this sudden interest in ETH? And what other crypto assets are worth considering for investors looking to capitalize on the trend?

One possible explanation for the surge in ETH buying is the growing adoption of decentralized finance (DeFi) applications. As more users turn to DeFi protocols to borrow, lend, and trade cryptocurrencies, the demand for ETH as the primary gas token for these applications is likely to continue growing.

Other crypto assets that are worth considering in light of the ETH surge include:

• Chainlink (LINK), a decentralized oracle network that provides real-world data to smart contracts, which could benefit from the growing DeFi ecosystem.
• Aave (AAVE), a decentralized lending protocol that uses ETH as its primary collateral, which could see increased demand as more users turn to DeFi for borrowing and lending needs.
• Uniswap (UNI), a decentralized exchange that allows users to swap ETH and other cryptocurrencies, which could see increased trading volume as more users turn to DeFi for trading and liquidity needs.

Of course, as with any investment, it's essential to do your own research and consider your own risk tolerance before investing in any crypto asset. But for those looking to capitalize on the growing trend of DeFi and the surge in ETH buying, these assets could be worth considering.