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

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Featured Image: Shutterstock/jamesteohart/Natalia Siiatovskaia

01.29.2022

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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.

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:

1,199,985 MATIC worth $1.94 million
1,000,090 MATIC worth $1.66 million
1,159,995 MATIC worth $1.92 million
845,778 MATIC worth $1.40 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.”

<img data-attachment-id="187005" data-permalink="//dailyhodl.com/2022/01/29/massive-crypto-whale-quietly-accumulating-one-ethereum-competitor-and-top-gaming-altcoin/eth_whales_top10/" data-orig-file="//i0.wp.com/dailyhodl.com/wp-content/uploads/2022/01/eth_whales_top10.png?fit=541,577&ssl=1" data-orig-size="541,577" data-comments-opened="0" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="eth_whales_top10" data-image-description="" data-image-caption="

Source: WhaleStats/Twitter

” data-medium-file=”//i0.wp.com/dailyhodl.com/wp-content/uploads/2022/01/eth_whales_top10.png?fit=281,300&ssl=1″ data-large-file=”//i0.wp.com/dailyhodl.com/wp-content/uploads/2022/01/eth_whales_top10.png?fit=541,577&ssl=1″ loading=”lazy” class=”wp-image-187005″ src=”//i0.wp.com/dailyhodl.com/wp-content/uploads/2022/01/eth_whales_top10.png?resize=375,400&ssl=1″ alt=”” width=”375″ height=”400″ data-recalc-dims=”1″ />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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Featured Image: Shutterstock/jamesteohart/Natalia Siiatovskaia

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