New data recently released by WhaleStats has found that the world’s largest Ethereum (ETH) whales are investing in different altcoins, ranging from meme coins to metaverse gaming tokens and tokens that ‘power’ crypto exchanges.
Latest figures from WhaleStats, top 1000 richest Ethereum addresses, popular meme coin Shiba Inu (SHIB) proved to be continuing. SHIB currently accounts for 7.71% of all assets, with a massive value of over $1.7 billion.
The other altcoin that closely follows SHIB is the native token of the FTX cryptocurrency exchange. FTX Token (FTT) it happened. FTT accounts for 7.33% of Ethereum whale wallets, which are worth $1.6 billion at the time of writing.
Third on the list is Tether (USDT), which contains 5% of the whales’ wallets and is valued at over $1.1 billion.
GALA, the native token of Gala Games, the “pay-to-win (P2E)” blockchain gaming platform, is fourth on the list; The fifth-ranked asset is the CRO, which powers Hong Kong-based digital asset exchange Crypto.com. Whales hold $519 million of GALA and $432 million of CRO.
Another notable crypto asset on the list is Ethereum scaling solution Polygon (MATIC). MATIC is up nearly 30% last week and is currently in the wallets of Ethereum whales with a valuation of $337 million.
Another virtual reality world that makes real-life waves, with 1.16% of the assets inside whale wallets equal to $261 million Decentraland (MANA) it happened.
Whales have also started accumulating Telcoin (TEL), the native token of the blockchain technology TEL uses in the telecommunications industry. Ethereum whales currently hold around $207 million in TEL in their wallets.
The last asset on the list was The Sandbox (SAND). Whales hold approximately $135 million worth of SAND.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.