A mega-wealthy non-exchange Ethereum (ETH) wallet is on a crypto shopping spree as the markets move cautiously into positive territory.
According to the data aggregator WhaleStats, the cryptocurrency wallet with the handle Bonobo has been splurging to the tune of more than $14 million in recent days.
Bonobo promptly went back for seconds, gobbling up another 2,049,996 MATIC for a cost of $1.9 million.
The data crunching site also reports that Bonobo has been gorging on FTX Token (FTT), native asset of the FTX cryptocurrency exchange.
Bonobo is currently ranked fourth among richest Ethereum whales, with a wallet total value exceeding a staggering $850 million.
The whale’s holdings have fluctuated considerably over the past month, going from a low of $456 million on July 12th to a high of $961 million on July 21st before unloading $235 million worth of assets over the next five days.
The deep-pocketed trader has since maintained a balance above $800 million since July 28th.Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
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