The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Largest Ethereum Whales Buying Polygon (MATIC) and Two Decentralized Finance Altcoins Amid Crypto Market Pullback

by Daily Hodl Staff
December 29, 2021
in Altcoins, Trading

The wealthiest Ethereum (ETH) whales are busy gobbling up Polygon (MATIC) and two other decentralized finance (DeFi) altcoins as the crypto markets take a breather.

Data from whale-surveilling platform WhaleStats shows that the top 1,000 Ethereum whales bought an average of $12,766 worth of MATIC tokens in the last 24 hours.

One notable Polygon transaction involves the second-largest Ethereum whale in existence purchasing 2,000,000 MATIC tokens worth $5.02 million as the altcoin pulled back from its all-time high of $2.92. At time of writing, MATIC is trading at $2.57.

Another altcoin that deep-pocketed investors are accumulating amid the pullback is DeFi protocol Aave (AAVE). According to WhaleStats, whales purchased an average of $10,627 worth of Aave over the same period.

Light, the fourth-wealthiest Ethereum whale, made one of the largest Aave purchases in the past day to the tune of 19,949 Aave worth $5.55 million.

WhaleStats also reveals that large crypto investors are loading up on decentralized exchange Sushi (SUSHI) with an average purchase amount of $4,140 over the same timeframe.

Looking at the top ten altcoins purchased by Ethereum whales in the past day, leading smart contract platform ETH sits at the top of the list with an average purchase amount of $289,590.

Stablecoins Tether (USDT) and USD Coin (USDC) rank second and third.

Woo Network (WOO), a decentralized fintech startup and pool trading platform, takes the seventh spot followed by Wrapped Bitcoin (WBTC). Metaverse tokens Decentraland (MANA) and The Sandbox (SAND) round out the list.

Source: WhaleStats
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Check Latest News Headlines


 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Vadim Sadovski/Sensvector/Voar CC

Submit a Press Release

Industry Announcements

  • Sui Joins DeFi Leaders, Topping $100 Million in Bridged USDC
    December 7, 2023
  • WOW EARN Unveils Layer One Blockchain, Redefining Efficiency and Global Accessibility
    December 5, 2023
  • LandX Closes Private Round Securing Over $5 Million in Private Funding
    December 4, 2023
  • Chromia Confirms Mainnet Release in 2024
    December 4, 2023
  • CAGA Crypto – Decentralized Financial Movement Unveiled on MEXC and Bitget
    December 4, 2023
  • TMNG Tokens Successfully Listed on MEXC Crypto Exchange
    December 1, 2023
  • Sui Surpasses $150 Million in TVL, Showcasing Blistering DeFi Momentum
    November 30, 2023
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$43,667.70
$43,667.70
1.13%
Ethereum
$2,372.59
$2,372.59
6.24%
Cardano
$0.516476
$0.516476
18.77%
XRP
$0.649242
$0.649242
2.77%
Dogecoin
$0.097908
$0.097908
3.94%

Spotlight

  • Willy Woo Says On-Chain Bitcoin Metric Flashing Same Bullish Pattern As Last Year’s Market Bottom
    December 1, 2023
  • MicroStrategy Doubles Down on Bitcoin, Acquires $593,300,000 Worth of BTC As Top Crypto Asset Trades Sideways
    December 1, 2023
  • Polygon Whales Go on Buying Spree As $90,000,000 Worth of MATIC Gets Scooped Up: Trader
    December 1, 2023
  • More Than $91,000,000,000 Worth of Crypto Sitting Within Binance, Bitfinex and OKX Reserves: On-Chain Data
    December 1, 2023
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2023 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2023 The Daily Hodl