The world’s largest Ethereum (ETH) whales are loading up on three metaverse altcoins as the crypto markets flash signs of improvement.
The top 100 ETH addresses purchased an average of $3,287 worth of GALA tokens over a 24-hour period this weekend.
The top 100 ETH whales also targeted Smooth Love Potion (SLP), a token used within the Axie Infinity (AXS) ecosystem to earn rewards and purchase creatures in the online battling game. The whales bought an average of $1,879 worth of SLP.
Additionally, the whales also purchased an average of $130 worth of the native token of the play-to-earn metaverse game The Sandbox (SAND). The Sandbox has recently been rallying on the announcement of being listed by US crypto exchange giant Coinbase.
The top 100 Ethereum wallets purchased an average of $645 worth of the native token for Compound (COMP), a decentralized finance platform for borrowing and lending crypto assets and $107 worth of CHSB, the native token for SwissBorg, a wealth management platform for cryptocurrencies.
The overall crypto market cap is up more than 7% in the past 24 hours.Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox
Check Price Action
Follow us on Twitter, 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 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/Natalia Siiatovskaia/Mia Stendal