Ethereum

Second-Largest Ethereum Whale on Record Just Executed a Massive Altcoin Purchase: WhaleStats

The second-largest Ethereum whale in existence is accumulating hundreds of thousands of {dollars} value of two ETH-based altcoins.

According to whale-watching platform WhaleStats, the deep-pocketed crypto investor collected $4.2 million value of layer-2 scaling answer Polygon (MATIC) and $3 million value of blockchain indexing protocol The Graph (GRT).

The huge deal with holds simply above $3.8 billion in general crypto belongings, together with almost 50,000 ETH value $1.92 billion, 38.7 million FTX Tokens (FTT) value $1.47 billion, and 105 million of stablecoin Tether (USDT) value $105 million, in line with ETH search engine EtherScan.

The crypto investor’s latest transaction brings The Graph into the whale’s high altcoin holdings at quantity 9 as the massive pockets now holds a complete of 32.8 million GRT, value about $19 million as of writing.

The buy additionally pushes Polygon into the whale’s high 20 listing at quantity 17, bringing its complete MATIC holdings to three.3 million value about $7 million.

MATIC, FTT, and USDT are three of the preferred ETH-based altcoins amongst deep-pocketed traders, in line with a WhaleStats heatmap.

Image
Source: WhaleStats/Twitter

About 6% of the highest 1,000 Ethereum wallets are comprised of FTT whereas USDT makes up about 4.5% of the full. MATIC sits at 1.1% whereas GRT is unlisted.

Other notable crypto belongings held by ETH whales embrace common dog-themed meme coin Shiba Inu (SHIB) and OKB, the native utility token of crypto trade platform OKEx Blockchain Foundation.

Check Price Action

Don’t Miss a Beat – Subscribe to get crypto e mail alerts delivered on to your inbox

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

&nbsp
Check Latest News Headlines

 

Disclaimer: Opinions expressed at The Daily Hodl are usually not funding recommendation. Investors ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your personal danger, and any loses you could incur are your duty. The Daily Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Daily Hodl an funding advisor. Please observe that The Daily Hodl participates in affiliate marketing online.

Featured Image: Shutterstock/I Gede Kenjo Aprideon/Sensvector

Related posts

Ethereum-Based Altcoin Quietly Rallies 122% in Five Days While Bitcoin and ETH Dip

Crypto Advisor

Two Ethereum Rivals Are Among the Top Holdings of the Largest Binance Smart Chain Whales

Crypto Advisor

Bitcoin Whale Initiates $466,510,721 Coinbase Transfer As Large Ethereum and XRP Holders Emerge

Crypto Advisor

Leave a Comment