WhaleStats data provider tracking crypto whale movements, terraof (LUNA), announced that it has become popular among the top 5,000 whales, along with SHIB and FTT. So LUNA has become one of the most bought cryptos. Also, an unnamed whale bought almost $6.6 million worth of this coin. Here are the details.
Terra is among the 10 most purchased assets
According to a report shared by WhaleStats, the top 5,000 Ethereum investors have been actively buying Terra (LUNA) in the past twenty-four hours. The seventh largest digital currency has made it to the top ten list of most frequently purchased tokens.
JUST IN: $LUNA @terra_money now on top 10 purchased tokens by 5000 biggest #ETH whales over the last 24hrs 🐳
Whale leaderboard: https://t.co/iQZt7u7OaV#Terra #LUNAtics pic.twitter.com/lHBCyGnh3E
— WhaleStats – BabyWhale ($BBW) (@WhaleStats) March 7, 2022
However, according to the crypto tracker website, LUNA; Unlike FTX Token (FTT), USDT, etc., SHIB is not on the top ten crypto list.
Top ETH whales hold $1,442,428,050 in SHIB (16.1% of their portfolio) and $1,470,747,535 in FTT.
Anonymous whale buys 80,000 LUNA
WhaleStats also provided information about an unnamed ETH whale ranked 7th by this data platform and announced that the whale has purchased a staggering $6,608,800 worth of LUNA (80,000 units).
🐋🐋 An ETH whale just bought 80,000 $luna ($6,608,800 USD).
Ranked #7 on WhaleStats: https://t.co/EIH4SaZXdR
Transaction: https://t.co/GSnmI4AqQL#LUNA #ERC20 #DEFI #ETH #whalestats
— WhaleStats – BabyWhale ($BBW) (@WhaleStats) March 7, 2022
However, the web page of this whale’s wallet does not show any LUNA assets at the time of writing. This whale mainly holds FTX Token, Ethereum, RON, USDT and USDC. FTT appears to be the largest coin by US dollar position so far. The FTT investment held by this wallet accounts for 41.94 percent of the portfolio.
FTX starts supporting Terra UST
Additionally, the US-based FTX crypto trading giant announced on March 6 that it has added support for Terra’s algorithmic stablecoin, UST.
Currently, UST is the largest decentralized stablecoin by market cap.
Terra users have been quite active lately as they increased the amount of LUNA locked in Terra-based decentralized apps last month. The TVL amount (total locked value) stands at $22 billion.
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.