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Home Altcoin

Massive Crypto Whale Quietly Accumulating One Ethereum Competitor and Top Gaming Altcoin

admincrypto by admincrypto
January 30, 2022
in Altcoin
Massive Crypto Whale Quietly Accumulating One Ethereum Competitor and Top Gaming Altcoin
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A crypto mega-whale just went on an altcoin buying spree and purchased $23.9 million worth of two digital assets.

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The blockchain-transaction tracker WhaleStats reveals that an unnamed Ethereum wallet bought 135,000 Terra (LUNA) for $6.72 million.

Terra is a public blockchain protocol that underpins a suite of decentralized stablecoins. The ninth-ranked crypto asset is currently down 5.18% on the day and priced at $51.35.

The fourth-richest whale wallet also purchased five million tokens of virtual world The Sandbox (SAND) for $17.2 million.

The Sandbox is having an up day, in the green by 4.87% and trading for $3.61.

WhaleStats reports that there’s also been a feeding frenzy for layer-2 scaling solution Polygon (MATIC), which is up 6.63% and valued at $1.70.

A single unnamed Ethereum whale made four separate purchases of Polygon in one day totaling nearly $6.2 million:

At time of writing, the whale’s total Polygon holdings are worth over $24.2 million.

WhaleStats also highlights the altcoins that have been bought the most in the past 24 hours.

“Just in: CHZ @Chiliz is back on top-10 purchased tokens by 1,000 biggest ETH wallets.

We’ve also got YFI, MATIC & WOO on the list.”

Source: WhaleStats/Twitter

Sports-themed Chiliz (CHZ) is up slightly to $0.18, while multi-chain decentralized finance protocol yearn.finance (YFI) is trading sideways at $24,023.

The trading platform Woo Network (WOO) is also even on the day and priced at $0.58.

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