Giant Whale Chose This Explosive Altcoin!

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  • An altcoin that hit an all-time high above $119 last month. Terra (Luna)re-entered the radar of the first 500 ETH whales.

According to data from WhaleStats, around 110,000 LUNA tokens have been bought by one of the biggest Ethereum whales in the past 24 hours, while Terra (LUNA) has briefly returned to the top 10 assets bought by whales in the last 24 hours.

Again, according to the whale watching platform, Terra (LUNA) has re-entered the radar of the top 500 ETH whales by making its place on the list of most purchased assets by this whale group.

In WhaleStats’ analysis of the top 500 ETH whales, ETH and stablecoins USDC and USDT ranked in the top three, while LUNA ranked fourth on the list of most purchased assets. Other assets primarily purchased by this whale group include: Shiba Inu (SHIB), Apecoin (APE) and Phantom (FTM) existed. After these large purchases, Luna became one of the most purchased tokens by the top 100 Ethereum whales.

According to the whale watching platform, the purchase that caused Luna to be included in these lists took place in 2 separate transactions. An ETH whale named “Bonobo” bought about 110,000 LUNA tokens in equal amounts in 2 transactions.

In the first transaction of the ETH wallet, the whale added 55,035 LUNA to its cache for $ 4,703,291.

The second transaction was reported at the same time as the first, in which the giant wallet paid $55,000 LUNA for $4,700,300.

A glance at the whale’s assets at its address shows that the whale is mostly FTT (FTX) It shows you’re betting on it. The wallet contains 22,587,360 FTT tokens worth $879,138,240. The whale, or large investor, is also a holding of 19 billion (19,091,000,000) SHIB worth $424,127. Shiba Inu (SHIB) is an investor.

The whale’s assets are a massive 14,374,323 worth $1,396,315. Phantom (FTM) It contains large amounts and a significant number of crypto assets, including its position. However, the ETH whale’s LUNA balance only showed the first purchase, meaning that the whale may have sold another 55,000 LUNA tokens.

Although most cryptocurrencies are struggling with the downtrend in the market, LUNA pricemanaged to stay at a relatively good level this year. Terra’s native crypto asset LUNA and its algorithmic stablecoin UST have risen to the top 10 cryptocurrencies by market cap.

Following this positive price action, there was a huge listing frenzy on Terra. Mistake Terra (Luna) It recently made its debut on the Thailand-based crypto exchange Bitkub. Founded in early 2018, Bitkub is known as the largest cryptocurrency exchange in Thailand, controlling more than 90 percent of the country’s domestic market.

You can check the price movements here.

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.


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