Whale Wallet Analysis - $FARM Profit Sharing Pool 

Whale Wallet Analysis - $FARM Profit Sharing Pool 

By D3F1 | DeFi Box | 8 Feb 2021


Hello guys, I am back with another Whale Wallet Analysis for your pleasure and research. Today, I have something different and special for you. Instead of doing a regular Whale Wallet Analysis, I decided to do an analysis on the top whales in the Harvest Finance Profit Sharing Pool.

The pool is a smart contract that doesn’t have your regular rich list as compared to a typical ERC-20 smart contract. However, I asked around a little and got access to the list of depositors in the profit-sharing pool and decided to do a Whale Wallet Analysis on the whales in the pool for you! 

I have previously conducted Whale Wallet Analysis for AMPL, SNX, BASED, LINK, YFI, YFV, UNI, SUSHI, and WBTC.

The $FARM rich list is accessible on the Etherscan page for anyone to see. However, as mentioned, the $FARM Profit Sharing Pool is not accessible in the same method.

As always, I have ignored all the contract addresses or any exchanges that might have holdings. In addition to this, I have ignored whales solely holding $FARM as I am more interested in what other DeFi tokens they might be holding. 

Following is a list of hand-picked $FARM farming whales that I found - I hope you find it interesting;

#1 Whale 

Farming Rich List: 1st
Wallet Address: link
Profit Share Pool FARM Holdings: 17.85K/ $4.98M 

Other notable DeFi Holdings: 

- 1.452K $ibETH: ~ $2.34M - 
- 399K $YAM: ~ $1.87M - 
- 2.45K $aETH: ~ $1.6M - 
- 75.47 $ETH: ~ $120K - 
- 709.5 $DPI: ~ $268K -

Whale #1 has a total portfolio value worth around $14.77M, however, around $2M of this is debt from borrowers aTUSD. The whale is heavily interested in yield farming, with over $7 million worth of deposits in protocols such as Compound Finance, Aave, and Alpha to lend aETH, ETH in Alpha, and UNI.

The whale has a sizable portion of YAM but his largest holding is $FARM which is almost worth $5M, which is all in the Profit Sharing Pool. He first entered the Profit Share Pool on October 21st, 2020.

#2 Whale 

Farming Rich List: 2nd
Wallet Address: link
Profit Share Pool FARM Holdings: 13.9K/ $3.8M 

Other notable DeFi Holdings: 

- 80.8K $cETH: ~ $2.57M - 
- 476 $aMKR: ~ $813K - 
- 71M $cBAT: ~ $451K - 
- 10K $SWRV: ~ $17.8K -

Whale #2 has a total portfolio net worth of around $8 million, with $472K worth of debt from borrowed DAI, USDC, and aUSDC. His largest holding is by far his $FARM staked in the profit-sharing pool, which is worth around $3.9M. He first entered the Profit Share Pool on the 1st of October 2020. He also has an additional $15K worth of $FARM not in the pool. 

His other holdings include $2.6M worth of ETH that he lent to Compound Finance to earn COMP. He also has some MKR deposited into Aave, worth around $827K, and BAT inside Compound Finance, worth around $452K.

#3 Whale 

Farming Rich List: 3rd
Wallet Address: link
Profit Share Pool FARM Holdings: 13K/ $3.68M 

Other notable DeFi Holdings: 

- 202K $cETH: ~ $6.53M - 
- 3.67M $cUNI: ~ $1.5M - 
- 730K $TRU: ~ $192K - 
- 4.45K $SNX: ~ $81K -

Whale #3 has a total net worth of around $14.3M with an additional $5.66M debt. His debt comes from borrowed USDC ($3.8M), DAI ($1.5M), and USDT ($177K). 

This whale is a serious DeFI miner with a total of around $13.7M locked into lending platforms. He has ETH and UNI lent to Compound, worth around $8M. He also has $4.8M worth of Aave in Cream and $752K in MINTR. Additionally, the whale has a total of $1.2M in the ibETH/ALPHA liquidity pool.

Alongside his staked FARM, which he first entered on October 18th, the whale also has some staked bUNI WBTC/BADGER, worth around $1.1M to min both BADGER and DIGG.

#4 Whale 

Farming Rich List: 4th
Wallet Address: link
Profit Share Pool FARM Holdings: 7.8K/ $2.2M 

Other notable DeFi Holdings: 

- 2M $aCRV: ~ $5.79M - 
- 1K $aWETH: ~ $1.6M - 
- 39M $SENT: ~ $214K - 
- 2.5K $NFTX: ~ $188.7K -

Whale #4 has a total net worth of $20.9M with an additional $2.16M in debt. The debt comes from borrowed USDT and DAI. The whale seems to be heavily involved with Curve Finance, his largest holding by far. He has $8.4M in locked CRV and $5.79M in aCRV. Additionally, he has staked GUSD and staked sETH, worth around $2.6M to farm some more CRV.

Besides his interest in CRV, the whale also has sizable holdings in NFTX, MIR, and ETH. He has over $1.6M worth of ETH lent out to AAVE. He entered the Profit Share Pool on October 2nd.

#5 Whale 

Farming Rich List: 5th
Wallet Address: link
Profit Share Pool FARM Holdings: 8K/ $2M 

Other notable DeFi Holdings: 

- 200 $MPH: ~ $29K - 

Whale #5 has a total net worth of $2.34M. The majority of his holding sits in $FARM, which he first staked into the pool on October 23rd. His other holding includes Staked MPH, which is worth around $29.9K. 

#6 Whale 

Farming Rich List: 6th
Wallet Address: link
Profit Share Pool FARM Holdings: 6.56K/ $1.8M 

Other notable DeFi Holdings: 

- 514M $ESD: ~ $3.9M - 
- 247.3K $DHT: ~ $878K - 
- 362 $SFI: ~ $487K - 
- 400K $USDC: ~ $400K -
- 850.5 $FARM: ~ $240K -

Whale #6 has a total net worth of $27M with around $2.67M in debt. The debt comes from borrowed USDT and USDC. His largest holding is in Empty Set Dollar (ESD) worth around $3.9M. He also owns some DHT and SFI.

For deposits, this whale has a total of $13.9M worth of CREAM inside its protocol. He has also lent $5.9M YFI to Aave and has an additional $1.8M worth of ESD bonded (on top of his holdings).

Interestingly, this whale has 6.5K staked $FARM, worth around $1.86M. He first entered the Profit Share Pool on February 1st. However, he also has a further 850 $FARM, worth around $240K, not involved in any strategies.

#7 Whale 

Farming Rich List: 7th
Wallet Address: link
Profit Share Pool FARM Holdings: 6.1K/ $1.7M 

Other notable DeFi Holdings: 

- 321KK $RGT: ~ $1.5M - 
- 874K $UNI: ~ $18.1M - 
- 2.2K $FARM: ~ $622K - 
- 400 $ETH: ~ $656K -

Whale #7 has a total net worth of around $153M, with a small $1.5M in debt. This guy is heavily bullish on $FARM with almost $100M worth of deposits in different strategies on the protocol. Let me list them all;

  • fSUSHI ETH/USDT - $23.2M
  • fCRV sETH Curve - $18.1M
  • fSUSHI DAI/ETH - $11.45M
  • fSUSHI WBTC/ETH - $9.7M
  • fSUSHI USDC/ETH - $7.8M
  • fUSDC - $4.9M
  • fDAI - $4.1M
  • fCRV Y Curve - $3.9M
  • f1INCH ETH/USDT - $3.7M
  • f1INCH ETH/USDC - $3.6M
  • fINCH ETH/DAI - $3.5M
  • fUSDT - $2.82M
  • FARM - $1.7M (Profit Sharing Pool) - first entered on September 30th.

As you can see, this whale is invented heavily into the different Harvest Finance strategies.

Alongside his $FARM strategies, he also has over $20.7M DAI/ETH in the Maker Vault, $18.1M worth of UNI in Cream, and $656K worth of ETH in Alpha. Additionally, he also has $13.3M in the WBTC/WETH liquidity pool.

#8 Whale 

Farming Rich List: 8th
Wallet Address: link
Profit Share Pool FARM Holdings: 4.9K/ $1.4M 

Other notable DeFi Holdings: 

- 704K $xSUSHI: ~ $12.5M - 

Whale #8 has a total net worth of around $14 million. The majority of his holdings are locked inside SUSHI which is staked to earn interest, this is worth around $12.2 million. In addition to this, he has over $1.7M in Harvest finance strategies, which he first entered on January 31st. The majority of this is in the Profit Sharing Pool, around $1.4M, with an additional $295K in the fWETH strategy.

#9 Whale 

Farming Rich List: 9th
Wallet Address: link

Profit Share Pool FARM Holdings: 4.69K/ $1.38M 

Other notable DeFi Holdings: 

- 77.7K $AMPL: ~ $1.2M - 
- 25.78 $SFI: ~ $34.5K - 

Whale #9 has a total net worth of around $2.6M. This is equally split between $FARM, which is all staked in the Profit Share Pool from October 1st, and AMPL. Additionally, he has a smaller stake in SFI, worth $34.5K. 

#10 Whale 

Farming Rich List: 10th
Wallet Address: link
Profit Share Pool FARM Holdings: 3.5K/ $896.5K 

Other notable DeFi Holdings: 

- 1M $cETH: ~ $33.7M - 
- 11.7K $BAL: ~ $402K - 

Whale #10 has a total net worth of $26.2M with an additional $10.4M in debt. His largest holding is in ETH, worth around $33.7M, which has been lent to Compound Finance to earn COMP tokens. His total debt comes from borrowed USDC, around $8.9M, and borrowed DAI, around $1.5M.

Alongside the $FARM staked in the Profit Sharing Pool, which was first deposited on January 19th, the whale also has around $755K in the DSD farming strategy to earn more FARM.

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