Sharing the movements of the biggest Ethereum whales, WhaleStats pointed out that the two big Ethereum whales bought a total of $17 million in Polygon’s native token MATIC. cryptocoin.com We convey the details as…
Ethereum whales add 11 million MATIC to their wallets
According to WhaleStats, the 392nd and 358th largest Ethereum wallet holders have purchased a total of 11 million MATICs. wallet 392; made two purchases by adding 999,995 and 1,099,990 MATIC to its cart. The owner of wallet 358 bought three times more than the previous two transactions – 9,043,038 tokens. This amount corresponds to approximately 11 million dollars. Ranked #392, the whale has a total of $15,130,234 worth of MATIC. This amount makes up 28.78 percent of his portfolio.
Overall, MATIC and SHIB are among the 10 most frequently bought coins by the top 1,000 ETH whales. Polygon’s token ranks 5th on the list. Popular meme coin Shiba Inu is in eighth place. Among these 1,000 whales, the most traded token was LINK. The native token of the FTX exchange, FTT, also remains the largest cryptocurrency by USD value. The SHIB token ranks third on the whales top 10 crypto assets list.
Polygon stands out in the NFT space
Polygon mesh is increasingly preferred when whales add MATIC to their baskets. With global brands constantly releasing their NFT collections, NFT activity using the Polygon side chain network has been increasing for several months, reaching new record levels in January. This is especially true for the popular NFT marketplace OpenSea.
Users have been able to trade NFTs over the Polygon network on OpenSea since July 2021, and this option was popular from the very beginning. Polygon is an Ethereum-compatible Ethereum Virtual Machine side chain, and by transacting on Polygon in OpenSea, users can save on Ethereum gas fees and perform faster transactions.
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