Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Over the past seven hours, owner of the Ethereum wallet made two large purchases of the MATIC token, the native coin of the Polygon blockchain, according to data shared by WhaleStats analytics aggregator. In all, the ETH whale bought 2.26 million MATIC.
Large ETH holder adds 2.3 million MATIC to its wallet
The Ethereum whale ranked 160th by WhaleStats recently acquired two stashes of MATIC—1,149,995 and 1,129,993 tokens. These two amounts of crypto are worth $5,494.771. Six hours ago, blockchain data platform WhaleStats ranked this whale 160th, but by now, this whale ranks 154th.
? An ETH whale just bought 1,149,995 $matic ($2,771,488 USD).
— WhaleStats - the top 1000 Ethereum richlist (@WhaleStats) January 17, 2022
Ranked #160 on WhaleStats: https://t.co/WXSG9vh0FC
Transaction: https://t.co/EzzrFTVzpL#ethereum #whalestats
Ethereum constitutes 82.6% of the crypto held in this wallet—0xc333e80ef2dec2805f239e3f1e810612d294f771—constitutes Ethereum worth $188,695,882 (57,163 ETH). MATIC tokens hold a share of 3.77% here, which is worth $8,632,805 (3,569,960 tokens).
The sixth-largest holding here is LINK. The wallet contains 107,725 tokens, the equivalent of $2,696,013.
As for MATIC itself, this token is currently on the top 10 list of crypto assets held by the largest 1,000 ETH whales, holding eighth place. SHIB is in third place.
3.8 million MATIC moved off Binance
As per data shared by popular blockchain tracker Whale Alert, in the past four hours, a total of 3,888,851 MATIC has been withdrawn from two Binance wallets to anonymous crypto addresses.
2,000,090 #MATIC (4,784,370 USD) transferred from #Binance to unknown wallethttps://t.co/27D4elvxO8
— Whale Alert (@whale_alert) January 17, 2022
The equivalent of these two massive crypto transfers in fiat is a whopping $9,339,739 at the current exchange rate of the token.
Alex Dovbnya
Valeria Blokhina
