Crypto NewsEthereum (ETH)

Second largest Ethereum whale on record just made a massive altcoin purchase: WhaleStats

The second largest Ethereum Whale in Existence collects millions of dollars from two ETH-based altcoins.
According to whale watching platform WhaleStats, the crypto investor with a lot of money raised the Layer 2 scaling solution Polygon (MATIC) worth $ 4.2 million and that Blockchain-Index protocol The Graph (GRT) valued at $ 3 million.

According to the ETH search engine, the huge address holds just over $ 3.8 billion in total crypto assets, including almost 50,000 ETH worth $ 1.92 billion, 38.7 million FTX tokens (FTT) worth $ 1.47 billion and $ 105 million Stablecoin Tether (USDT) valued at $ 105 million EtherScan.

The crypto investor’s latest transaction puts The Graph in ninth place in the whale’s top altcoin holdings as the large wallet now holds a total of 32.8 million GRT, which is worth about $ 19 million at the time of writing.

The purchase also puts Polygon in the whale’s top 20 list at number 17, bringing its total MATIC holdings to 3.3 million, valued at approximately $ 7 million.

MATIC, FTT and USDT are three of the most popular ETH-based altcoins among deep pocket investors, according to a WhaleStats heat map.
Source: WhaleStats / Twitter
Around 6% of the top 1,000 Ethereum wallets are made up of FTT, while USDT makes up around 4.5% of the total. MATIC is 1.1%, while BRT is not listed.

Other notable crypto assets held by ETH whales include popular dog-themed memes coin Shiba Inu (SHIB) and OKB, the native utility token of the OKEx Blockchain Foundation crypto exchange platform.
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Source: Crypto News Deutsch

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