The wealthiest Ethereum whales in the world are swallowing two soaring altcoins rapidly as most of the crypto market continues to spatter.
WhaleStats last week had the largest Ethereum addresses in the top 1000, followed by Ethereum (ETH) and Stablecoin USD Coin (USDC) and Tether (USDT), followed by polygons (MATIC) and chains more than any other crypto asset. I am reporting that I have purchased a LINK.
Polygon is a blockchain scaling solution designed for widespread adoption of distributed apps on Ethereum blockchain. Its native token, MATIC, is currently trading at $ 2.33, up more than 17% from its price a month ago.
One of the largest polygon transactions, the Ethereum whale bought more than $ 15.2 million in MATIC in a single transaction. According to WhaleStats, the average MATIC purchase for the top 1000 ETH whales is about $ 530,000.
This week, LINK also turned Litecoin (LTC) over as the most traded token in the top 1000 ETH wallets. Whale Stats..
Chainlink is a decentralized Oracle service that connects smart contracts and allows any blockchain to access real data. LINK, the network’s native token, was trading at $ 26.45 at the time of writing, up more than 34.7% from its price a month ago.
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Featured images: Shutterstock / Corona Borealis Studio / Sensvector