Whale Wallet Analysis - Ampleforth Update 6 Months Later

Whale Wallet Analysis - Ampleforth Update 6 Months Later

By D3F1 | DeFi Box | 3 Dec 2020


Ampleforth was the first Whale Wallet Analysis that I conducted of my entire series. Since then, the series has flourished as I have conducted additional Whale Wallet Analysis for AMPLSNXBASEDLINKYFIYFVUNISUSHI, and WBTC. 

It has now been over half a year since I conducted this first whale wallet analysis. Today, I would like to dive back into these Whales and see how their holdings might have changed over the past 2 quarters.

Ampleforth’s rich list is accessible on the Etherscan page for anyone to see. It shows a full list of the wallets sorted by the largest amount of AMPL tokens held.

Following is the list of Whales in my previous Whale Wallet Analysis for Ampleforth. I have included their previous holdings and updated holdings for your pleasure.

#1 Whale 

Unfortunately, with Whale #1, I made a mistake in my first whale wallet analysis. This whale wasn’t an AMPL holder and was actually a smart contract address of some sort. Nevertheless, I will keep this here for you to see the changes in holdings of this smart contract.

Wallet (Smart Contract) Address: link

Previous Rich List: 9th 
Previous AMPL Holdings: 902K/ $1.7M
Previous Total AMPL Supply: 2.2082% 

Current Rich List: 31st 
Current AMPL Holdings: 1.3M/ $2M 
Current Total AMPL Supply: 0.392% 

Changes in Other notable DeFi Holdings: 

- 572K $USDT: ~ $572K - This contract address was holding around $940K last time we checked in with it. Since then, the total number of USDT has dropped to $572K.

Whale #1 is not a whale as it is a smart contract - my mistake. Nevertheless, the contract is still holding more AMPL than it was holding when I conducted the first analysis.

#2 Whale 

Whale #2 is indeed an AMPL holder. He has held onto his AMPL ever since the first whale analysis and has profited by over $2 million. He still holds the same AMPL supply percentage showing that he has not sold any of his AMPL in the meantime.

Wallet Address: link

Previous Rich List: 18th 
Previous AMPL Holdings: 229K/ $435K 
Previous Total AMPL Supply: 0.5608%

Current Rich List: 21st 
Current AMPL Holdings: 1.9M/ $2.9M
Current Total AMPL Supply: 0.5608%

Changes in other notable DeFi Holdings: 

- 47.9 $ETH: ~$28.2K - The whale still holds the same 47.9 ETH he held in the last analysis. However, the value of this holding has increased from $11K to $28.2K
- 0 $USDC: ~$0 - The whale used to own $92K in USDC. However, he has since sold this USDC.

Whale #2 has kept his wallet relatively similar to the last time we checked and has not sold his AMPL or ETH. The whale is not liquidity mining in any DeFi Protocol - including the AMPL Geyser.

#3 Whale 

Whale #3 has held on to the majority of his AMPL since the first analysis. His holding increased from $354K to $2.23M today. He has sold a small proportion as his percentage holding has dropped.

Wallet Address: link

Previous Rich List: 19th 
Previous AMPL Holdings: 186K/ $354K 
Previous Total AMPL Supply: 0.4570%

Current Rich List: 30th 
Current AMPL Holdings: 1.43M/ $2.232M
Total AMPL Supply: 0.4223%

Other notable DeFi Holdings: 
- 0 $RSR ~$0 - The whale used to own over $47K worth of Reserve Rights but has since sold his entire stash.

Whale #3 has held onto his AMPL stash but completely sold off his holdings in RSR. The whale is not liquidity mining in any form.

#4 Whale 

Whale #4 has disappeared from the AMPL rich list as he has sold all his AMPL holdings since the last Whale Wallet analysis. It seems that he ended up selling his holdings in August 2020.

Wallet Address: link

Previous Rich List: 25th 
Previous AMPL Holdings: 114K/ $218K 
Previous Total AMPL Supply: 0.2580%

Current Rich List: Not present  
Current AMPL Holdings: 0/ $0
Current Total AMPL Supply: 0%

Other notable DeFi Holdings: 
- 749K $cETH: ~$8.8M - The whale previously was holding around 614K cETH, worth around $2.9 million. His holding has since increased to $8.8M.

Whale #4 has totally sold his entire holding in AMPL during August 2020. On top of this, he used to have holdings in aKNC, cREP, cLEND, cZRX, aMKR, and UMA - all of which have also been sold off. The only change to his wallet is the increase in Eth that he has lent to Compound Finance. 

Additionally, the Whale has also taken out around $2 million worth of debt in USDC.

#5 Whale 

Whale #5 has also exited from his entire AMPL position. It seems that he exited from his position at the end of July 2020.

Wallet Address: link

Previous Rich List: 32nd
Previous AMPL Holdings: 75.7K/ $144K
Previous Total AMPL Supply: 0.1701%

Current Rich List: Not present  
Current AMPL Holdings: 0/ $0
Current Total AMPL Supply: 0%

Changes to other notable DeFi Holdings: 
- 49.9K $LINK: ~$678K - The whale was previously holding around $1.5M worth of LINK in the last analysis. His holding has since dropped to $678K

New Additions:
- 3.468M $USDC: ~$3.468M -
- 767K $USDT: ~$767K -
- 450.31 $SAFE2: ~$175.6K -

Whale #5 has totally dropped his entire AMPL bag. He also went on to sell over $1 million worth of his previous LINK holdings. Since the last analysis, this whale has now added USDC, USDT, and SAFE2 positions to his portfolio.

#6 Whale 

Whale #6 remains a strong AMPL holder and has actually increased his total holdings since our last analysis. We know this because his total percentage supply has increased. 

Wallet Address: link

Previous Rich List: 33rd 
Previous AMPL Holdings: 74K/ $142.8K
Previous Total AMPL Supply: 0.1678%

Current Rich List: 39th
Current AMPL Holdings: 822K/ $1.28M
Current Total AMPL Supply: 0.2427%

Changes to other notable DeFi Holdings: 
- 0 $DAI: ~$0 - The whale was previously holding around $64K worth of DAI but has since dropped his entire stash.

New Addition;
- 6.6K $WHOLE: ~$8.5K -

Whale #6 continues to hold his AMPL stash after increasing it slightly. He ended up dropping his DAI holdings but the whale has started to stake the FARM token to yield farm FARM. He currently has deposited over $200K into the FARM protocol and is not liquidity mining AMPL in the Geyser.

#7 Whale 

Whale #7 continues to hold onto his AMPL holdings and has doubled down as he has increased his total percentage supply of AMPL. This has allowed him to climb in the holder’s rankings.

Wallet Address: link

Previous Rich List: 36th 
Previous AMPL Holdings: 65.6K/ $123,000
Previous Total AMPL Supply: 0.1474%

Current Rich List: 28th
Current AMPL Holdings: 1.48M/ $2.321M
Current Total AMPL Supply: 0.4392%

Changes to other notable DeFi Holdings: 
The whale has capitulated all of his other holdings.

Whale #7 is a firm believer in AMPL as he more than doubled his holdings since the last analysis. He used to own sizable holdings inside BAL, REQ, ANT, REN, and WETH but has since dropped all of these coins. There are no other sizable holdings in his wallet for any other projects other than AMPL today. 

The whale is not liquidity mining inside the AMPL Geyser nor is providing liquidity to Uniswap. 

#8 Whale 

Whale #8 is another holder that has dropped his entire bag of AMPL. It seems that the whale exited his position at the end of July 2020.

Wallet Address: link

Previous Rich List: 38th 
Previous AMPL Holdings: 54K/ $102,000
Previous Total AMPL Supply: 0.1219%

Current Rich List: Not present  
Current AMPL Holdings: 0/ $0
Current Total AMPL Supply: 0%

Other notable DeFi Holdings: 
- 2 $ETH: ~$1,195 - The whale used to own around 113 ETH but has since sold the majority and is only holding 2ETh today.

New Additions:
- 149.1K $USDC: ~$149.1K -
- 124.6K $USDT: ~$124.6K -
- 9.8K $SNX: ~$51.7K -

Unfortunately, Whale #8 has totally exited his AMPL position and has added USDC, USDT, and SNX to his goldings. In addition to this, the whale has staked $200K into USDC on the BarnBridge Protocol. He has also deposited around $65K to the BOND.USDC liquidity pool. The whale has also deposited over $3 million to the SNX/ETH liquidity pool on SushiSwap and is farming SUSHI as a reward.

#9 Whale 

Whale #9 is another whale that has doubled down on AMPL as he has increased his holdings since the last AMPL analysis. 

Wallet Address: link

Previous Rich List: 43rd
Previous AMPL Holdings: 54K/ $100K
Previous Total AMPL Supply: 0.1038%

Current Rich List: 31st
Current AMPL Holdings: 1.32M/ $2M
Current Total AMPL Supply: 0.392%

Changes to other notable DeFi Holdings: 
Exited from all prior positions.

New Additions:
- 572K $USDT: ~$572.7K

Whale #9 has doubled down on his AMPL stash and his increased his holdings. He previously had positions in SNX, sUSD, BAX, and WETH, but has since exited from all of these positions. The whale is not farming any Defi protocol and is not liquidity mining in the AMPL Geyser.

#10 Whale 

Whale #10 has also doubled his holdings in AMPL which has allowed him to climb slightly higher in the rankings since the previous analysis, 

Wallet Address: link

Previous Rich List: 44th
Previous AMPL Holdings: 55.5K/ $105K
Previous Total AMPL Supply: 0.1036%

Current Rich List: 42nd 
Current AMPL Holdings: 771.69K/ $1.2M
Current Total AMPL Supply: 0.2277%

Other notable DeFi Holdings: 
- 0 $UMA: ~$0 - The whale was previously holding over $788K worth of UMA but has since dropped his entire bag.

Whale #10 has increased his AMPL stash and is just holding it as his only holding. The whale is not liquidity mining in the Geyser.

Summary

Well, it seems that the majority of the AMPL whales that were present in the last analysis are still here, with only 3 out of the 10 exiting their positions. The whales that stayed put have seen their holdings increase substantially and made the majority of them millionaires. In addition to this, some of these whales’ confidence in AMPL increased enough for them to increase their AMPL bags.





D3F1
D3F1

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