A crypto whale known for its Ethereum (ETH) holdings is making a splash by buying big into six different altcoins.
The transaction tracker WhaleStats tweeted out that a whale known as “Light” just bought over $11 million of Wrapped BTC (WBTC), which is an Ethereum token designed to maintain a constant peg to the price of Bitcoin.
“ETH whale ‘Light’ just bought 200 WBTC ($11,352,400 USD).
Ranked #4 on WhaleStats.”
Light also scooped up a heaping helping of decentralized blockchain indexer The Graph (GRT).
“ETH whale ‘Light’ just bought 2,000,000 GRT ($1,849,946 USD).”
The Graph is down 6.23% today to $0.93.
“ETH whale ‘Light’ just bought 250,000 SUSHI ($1,837,500 USD).”
Next up is ILV, the native token of the open-world role-playing game Illuvium that’s built on the Ethereum blockchain. The whale devoured a thousand ILV for more than $1.75 million.
“ETH whale ‘Light’ just bought 1,000 ILV ($1,753,260 USD).”
ILV is currently up 6.70% on the day and exchanging hands at $1,845.
The DEX feast also featured automated finance protocol Uniswap, with the whale shelling out $1.6 million on the UNI token.
“ETH whale ‘Light’ just bought 79,998 UNI ($1,603,965 USD).”
UNI is up 1.58% on the day to $20.52.
“ETH whale ‘Light’ just bought 250,000 CRV ($1,145,000 USD).”
The 86th-ranked crypto is down 2.83% today and priced at $4.67.
WhaleStats also provides insight into the most popular tokens among whales.
Of the top-10 tokens purchased over the past 24 hours, WhaleStats has ETH leading the list with 138 total purchased, followed by three different stablecoins: USDT, Circle’s USDC), and Binance USD (BUSD).Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
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Featured Image: Shutterstock/funstarts33/Natalia Siiatovskaia