Ethereum Whale Convergence Snapshot: April 24, 2026
Observational 48h on-chain data report. 141 tokens saw buys from 5+ distinct directional whale wallets each — exchange and market-maker flow filtered out. Top: $SPK with 336 wallets.
Published 2026-04-24 · Data anchor: 2026-04-24 11:58:47 UTC · Deep Blue Alpha
Observational snapshot of Ethereum whale buying activity in the 48 hours ending 2026-04-24 11:58:47 UTC. Exchange and market-maker flow filtered out. Everything below is descriptive.
Methodology
Convergence = number of distinct wallets that bought a token in the observation window. Aggregate USD matters, but it is not the headline metric — many buyers do not equal one big buyer.
- Buys only. BUY, SWAP_BUY, DEX_BUY directions.
- Window: 48 hours, anchored to 2026-04-24 11:58:47 UTC.
- CEX / market-maker wallets excluded. 5,183 transactions filtered out.
- Stablecoins and wrapped assets removed.
- Threshold: at least 5 distinct directional wallets, $100,000+ in 48h.
Full data table
| Token | Distinct Wallets | Total USD |
|---|---|---|
| $SPK | 336 | $46,405,435 |
| $LINK | 184 | $19,561,937 |
| $RED | 100 | $2,834,752 |
| $BIO | 98 | $3,104,937 |
| $PEPE | 93 | $3,807,361 |
| $AAVE | 87 | $4,274,152 |
| $PAXG | 81 | $7,959,690 |
| $ZAMA | 78 | $3,686,123 |
| $ONDO | 76 | $10,550,555 |
| $ENA | 66 | $1,337,539 |
| $XAUt | 65 | $4,492,856 |
| $SENT | 59 | $1,413,173 |
| $SKY | 56 | $1,563,056 |
| $QNT | 50 | $311,739 |
| $BLUR | 49 | $895,027 |
Two gold-backed tokens, same window
A pattern worth flagging is that two separate gold-backed tokens — $PAXG and Tether Gold ($XAUt) — both appeared in the high-convergence list in the same 48-hour period. $PAXG drew buys from 81 distinct wallets for $7,959,690, and $XAUt drew buys from 65 wallets for $4,492,856. Combined: ~146 distinct wallets, $12,452,546 across two gold-pegged ERC-20s.
About this snapshot
This is a weekly observational report. Previous snapshots live at /research. For a live view of whale activity, see the Trends dashboard and the whale wallet leaderboard. For related methodology, see our analysis of whale dry powder and our study of 37,099 whale-to-CEX deposits.