Who are Compound’s Biggest Whales? 📈 🐋

Examining the biggest addresses in the Compound ecosystem with @shenron_eth and @degen_mister_y

It’s time to take a look at the biggest mover’s and shakers in the Compound ecosystem — specifically the top whales on Compound.

For these purposes, “whales” have been defined as addresses that interact with late amounts of volume on Compound, i.e. supplying or borrowing large amounts of tokens. To identify these influential addresses, @shenron_eth and @degen_mister_y estimated that all addresses which net deposits are equal to or above 1% of the total net deposits.

That assumption pointed to a total of 21 addresses that represent more than half of the total net supply in Compound.

Source: https://app.flipsidecrypto.com/dashboard/compound-whales-and-users-EJoElc

Our bounty hunters also found that most of these whales have yet to repay their loans. In fact, just 2 out of the 21 largest addresses have repaid their loans in full so fair. Whale #10, for example, took a total of 84 days to repay their loan in full, and curiously, so did Whale #11. What’s more, both loans were taken in January — which, when combined with the identical repayment date could very well point to the fact that both addresses belong to the same investor.

Source: https://app.flipsidecrypto.com/dashboard/compound-whales-and-users-EJoElc

Want to learn more about the biggest whales on Compound? See the rest of the data here.

Thanks to @shenron_eth and @degen_mister_y for solving this bounty and providing us with the data — make sure to join the Flipside Crypto Discord and subscribe to the Bounty Brief to make sure you don’t miss out on our daily bounties!