With the effect of the latest developments in the world agenda, although the crypto markets put on their red dress again, the markets were active again today.
The markets that have been falling in recent weeks have laid the groundwork for whales to hoard large amounts of coins. Whales seizing the low price opportunity, SHIBafter and now MATIC and LINK They’re looking to buy!
The whales that already hold a substantial amount of Shiba Inu (SHIB) – more than $1.2 billion – are preparing to make the same purchases for MATIC and LINK.
Data provided by the WhaleStats crypto data tracker revealed that the two big ETH whales bought more than $5.2 million in LINK and MATIC.
A whale ranked 374th according to WhaleStats has purchased 300,000 Chainlinks (LINK) worth $4,061,999 in the last 24 hours.
🐋 An ETH whale just bought 300,000 $link ($4,061,999 USD).
Ranked #314 on WhaleStats: https://t.co/b8k05tR68R
Transaction: https://t.co/190TpNuLcR#LINK #ERC20 #DEFI #ETH #whalestats
— WhaleStats – BabyWhale ($BBW) (@WhaleStats) February 28, 2022
Another major Ethereum investor bought 832,990 MATIC.
🐳 An ETH whale just bought 832,990 $matic ($1,249,485 USD).
Ranked #374 on WhaleStats: https://t.co/WXSG9vh0FC
Transaction: https://t.co/tMaE2KXunV#ethereum #whalestats
— WhaleStats – BabyWhale ($BBW) (@WhaleStats) February 27, 2022
WhaleStats states that ETH whales currently hold 14.98% ($1,277,297,247) of their portfolio. The total amount of MATIC and LINK owned is 2.11% ($ 180,041,196) and 1.96% ($ 167,300,758), respectively.
On the other hand, LINK is currently the token used in most trading operations.