Thursday, June 20, 2024

Ethereum’s second largest whale just bought millions of dollars in these altcoins

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The second largest holder of Ethereum (ETH) is racking up millions of dollars in two altcoins from the Ethereum network, according to the chain’s data.

According to whale watching platform WhaleStats, the pocket-sized investor I buy $ 4.2 million in Polygon (MATIC) and $ 3 million in The Graph (GRT).

The giant of directions has just over $ 3.8 billion in a variety of digital assets, including nearly 50,000 ETH worth $ 1.92 billion, 38.7 million FTX Tokens (FTT) worth $ 1.47 billion, and 105 million of the stablecoin Tether (USDT) Backed in dollars, according to the EtherScan Search Engine.

The most recent investor transaction takes GRT to ninth place for altcoins held by this particular whale, as the large portfolio now has a total of 32.8 million GRT, worth around 19 million dollars right now.

The purchase also places Polygon on the list of the top 20 whale altcoins, at 17th, bringing its total stake in MATIC to 3.3 million, worth around $ 7 million.

MATIC, FTT, and USDT are three of the most popular Ethereum-based altcoins among pocket investors, according to a WhaleStats heat map.

About 6% of the top 1000 Ethereum wallets are made up of FTT, while USDT accounts for about 4.5% of the total. MATIC takes 1.1%, while GRT is not listed.

Other notable crypto assets held by the whales Ethereum include the popular meme coin. Shiba Inu (SHIB) and OKB, the native utility token of the OKEx cryptocurrency exchange.

Ebenezer Robbins
Ebenezer Robbins
Introvert. Beer guru. Communicator. Travel fanatic. Web advocate. Certified alcohol geek. Tv buff. Subtly charming internet aficionado.

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