As markets move cautiously into positive territory, a mega-rich Ethereum (ETH) his wallet went on a crypto shopping spree.
According to data aggregator WhaleStats, cryptocurrency wallet Bonobo has spent more than $14 million in recent days buying some popular altcoins.
Koinfinans.com As we reported, whale is the first layer-2 scaling solution. polygon(MATIC) spent $1.1 million to acquire 1,199,999 units. The Bonobo returned within seconds and swallowed another 2,049,996 MATICs at a cost of $1.9 million.
Another crypto on the shopping list was the Bored Ape Yacht Club (BAYC) affiliate digital asset ApeCoin (APE). Bonobo spent $1.3 million to acquire 199,999 APE tokens.
The data aggregation site also reported that Bonobo was drowning in FTX token (FTT), the native asset of the FTX cryptocurrency exchange. Whale initially spent $6.3 million for 203,786 FTT a few days ago, then returned yesterday for more and purchased another 80,000 tokens with a price tag of $2.4 million.
The final meal in the crypto feast for the high-value investor was the virtual world metaverse game The Sandbox (SAND); The whale received 1,650,016 SAND tokens at a cost of $2.2 million.
Bonobo currently ranks fourth among the richest Ethereum whales and has a wallet valued at over $850 million.
The whale’s assets have fluctuated significantly over the past month, from a low of $456 million on July 12 to a high of $961 million on July 21. The deep-pocketed investor has held a balance of over $800 million since July 28.
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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.