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

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Thu, 01/20/2022 - 11:20
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Yuri Molchan
Some of the largest ETH whales have been acquiring massive stashes of LINK, MATIC and FTX token, while the altcoin market is in the green
Top ETH Whales Again Stocking Up on LINK, MATIC and FTX as Altcoins Are Rising
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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.

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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.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.