Do the Whales Diversify? (Uniswap)

    We are trying to find out if, the 10 most active LPs who mint or burn the highest amount of total liquidity in the top 10 largest pools by liquidity, appear as top liquidity providers for different pools.

    Last Month

    There only three days where a whale was one of the most active liquidity providers in more than 2 of the largest pools. However, in the first two weeks of July, this is almost a daily occurrence as it occurs in 10 out of the 14 days. This means that on a daily basis, there are more whales diversifying in the first two weeks of July compared to the last two weeks of June.

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    Last Quarter

    If we examine the data on a monthly basis however, there appears to be a lot more diversification in May compared to the following months.

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    All-time

    If we check the all-time 10 most active LPs in the 10 largest pools by liquidity, we see that 7 LPs appear in the top 10 for more than 1 pool. Considering the data is all-time, this is quite a feat. Especially for the LP who appears in the top 10 of three pools.

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