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.”
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.
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inboxCheck Price Action
Follow us on X, Facebook and Telegram
Surf The Daily Hodl Mix
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 losses 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/jamesteohart/Natalia Siiatovskaia
