The third largest Ethereum (ETH) whale tracked by WhaleStats, “Light” has decided to grow its portfolio with Loopring (LRC). The Ethereum whale, which holds more than 36 trillion Shiba Inu (SHIB) according to the on-chain detective, bought LRC for approximately $4 million on Feb. cryptocoin.com We pass on the details.
Massive SHIB whale now collects Loopring (LRC)
Ranked #3 on WhaleStats’ list of the 1,000 largest Ethereum whales, “Light” spent $3,949,226 on Loopring (LRC), the 78th largest cryptocurrency, according to CoinMarketCap data. That’s 4,530,000 LRCs. Loopring, an open protocol designed for the creation of DEX platforms, is an Ethereum-based cryptocurrency. The altcoin’s market cap is $1.16 billion, with 24-hour trading volume hovering around $213.9 million after a 18.11% drop.
Loopring (LRC) is trading at $0.8778, up a slight 5.16% at the time of writing, according to CMC data. LRC found support at $0.8151 on Jan. 22. Loopring, whose ICO was completed in 2017, was released on Ethereum two years later in 2019.
Altcoin portfolio of “Light”
The second largest meme-based crypto Shiba Inu (SHIB) remains the whale’s biggest investment. According to data provided by WhaleStats, SHIB accounts for 21.92% of the whale portfolio, with 36,724,257,912,139 SHIBs at $777,452,540. Whale’s largest dollar-based token position, RON, occupies 36.57% of the total portfolio and is valued at $1,296,609,150. There is no regulated data about RON even on CoinMarketCap…
According to the limited data available from CoinMarketCap, RON (RonCoin) describes itself as:
RON aims to be the platform for influencers and followers (sponsor and fan base). RON (RonCoin) is awarded along with BOSS apps for worldwide influencers and followers who are sponsors and fan bases of influencers.
SHIB price analysis
cryptocoin.com Analyst Akash Girimath determined the critical resistance level of Shiba Inu (SHIB) as $0.0000254. Any bounce above this level would bring total gains from 23% to 36% in a possible retest weekly timeframe of $0.0000283. On the downside, critical support levels are between $0.0000158 and $0.0000193.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram and YouTube join our channel!
Disclaimer: The articles and articles on Kriptokoin.com do not constitute investment advice. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, asset or service in this article.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.