Top ETH Whales Again Stocking Up on LINK, MATIC and FTX as Altcoins Are Rising

WhaleStats on-chain analytics provider, which shares data on the largest ETH whales holding various types of crypto, has reported that the biggest holders of the second most popular crypto, Ethereum, have been grabbing LINK, MATIC and FTX token again.

This is happening while LINK has returned to the list of top 10 coins bought by the biggest 1,000 ETH whales, and the altcoin market is in the green with the majority of coins showing a price rise.

Biggest ETH holders are going for LINK, MATIC and FTT

As per data shared by the aforementioned source, Chainlink's native token, LINK, is now back on the list of the top 10 crypto coins that the largest 1,000 ETH whales are after for their portfolios. These large ETH holders now own a cumulative of $253,192,530 in LINK.

Polygon's MATIC and FTX token (FTT) are also on that leaders' list, along with ETH, USDC, USDT, BUSD, etc.

JUST IN: $LINK @chainlink is back on top 10 purchased tokens by 1000 biggest ETH wallets ??

The top 1000 ETH whales are now hodling $253,192,530 #LINK ??

Buying the dip is what creates whales ?

Whale leaderboard: https://t.co/28TDZ70IkD pic.twitter.com/Ov7U4nKVCA

— WhaleStats - the top 1000 Ethereum richlist (@WhaleStats) January 20, 2022

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Whales are buying large amounts of LINK, MATIC, FTT

Several heavy transactions of purchased LINK, MATIC and FTT have been spotted by the WhaleStats team in the past 24 hours, made by some ETH whales at the top of the 1,000 list. Among them are the ETH holders ranked 4th, 135th, 139th, 136 and 157th.

The ETH holder ranked fourth on the top 1,000 WhaleStats list has purchased 65,430 FTT, 99,999 LINK and 1,409,169 MATIC.

His wallet is 0x0548f59fee79f8832c299e01dca5c76f034f558e, and FTT holds the biggest position by USD value here, totaling 41.53% of the portfolio, worth $1,847,617,660.

ETH comes next with 28.35%, equal to $1,261,293,310. The amount of LINK held by this wallet is 1.21% of the portfolio, worth $53,915.792.

Overall, slightly under 300,000 LINK have been bought—over $6.4 million. The total amount of MATIC bought by whales is 2,609.244, the equivalent of over $5.3 million.

The aforementioned 65,430 FTT amounts to $2,998,664.