An Ethereum whale purchased five different tokens in two days totaling the value to a staggering $10 million. The crypto whale is ranked no 4 on WhaleStats and went on a buying spree picking up FTX token, Matic WBTC, ChainLink, and MKR token.
The fourth-biggest Ethereum whale purchased a whopping 1.4 million MATIC tokens worth nearly $3 million. Hours later, the same whale picked up 65,430 FTX tokens again worth nearly $3 million.
The whale also picked up 1,000 Maker tokens (MKR) for close to $2 million. Hours later, the whale again purchased 99,999 ChainLink worth a whopping $2.1 million. The whale then finally settled with 48 WBTC tokens that’s worth $2 million.
The overall purchase in two days stood close to $10 million in investments in these five different cryptocurrencies.
WhaleStats was the first to dish out the huge transactions and tweeted, “An ETH whale just bought 1,409,169 $matic (USD 2,931,071). Ranked #4 on WhaleStats.” Hours later they tweeted again that the same whale purchased FTX tokens worth a similar amount. “An ETH whale just bought 65,430 #ftx token ($2,998,664 USD). Ranked #4 on WhaleStats,” and shared links to the transactions.
Crypto Whales have repeatedly shown their interest especially in Matic and purchased the dips almost every two days. There are records of different whales buying large amounts of Matic on a majority of the days this month.
Matic displayed bullish sentiments last month as it hit an all-time high of $2.92 on December 27, 2021. The token traded in green while the crypto market was down and chalked out a path of its own. However, its run came to a halt this month as it dipped -36% from its ATH. ETH whales see Matic’s dip as a buying opportunity as they believe it could spike in the next bull run.
Crypto Whales Are Also Buying LINK and SUSHI
Apart from Matic and FTX tokens, whales are also buying ChainLink at a rapid speed and making use of its dip. LINK is down -12.5% and is also down -63.2% from its all-time high of $52.70 which it touched in May 2021. At present, LINK is trading at a discounted price of $19.41.
The top 1000 ETH whales are also loading up on SushiSwap (SUSHI) and data shows that it’s entering whale wallets regularly. SUSHI is down -5.4% and is also down -75.4% from its all-time high of $23.38 which it reached in March 2021. SushiSwap is also available now at a discounted price of $5.74.