WhaleStats, which monitors the top 1,000 Ethereum wallets, reports that whales have bought a staggering amount of Chainlink (LINK), Polygon (MATIC) and FTX in the past 24 hours, pushing prices up in the current market correction. Another notable transaction was the 18.2 million MATIC transfers that took place on the Binance exchange. In this article, let’s take a look at the data for the biggest altcoin transfers of January 8.
Altcoin whales MATIC, LINK, and FTT continue to accumulate
As Bitcoin and most major altcoins seek support to stop the decline, data provided by whale detectives shows that whales are buying massive amounts of MATIC, LINK and FTT. The largest Ethereum whales numbered 169, 119 and 557, which processed the corresponding transactions, bought 7,275,966 MATICs worth a total of $15 million. WhaleStats relays the proceedings in the tweets below.
In the same period, a total of 222,801 LINK was purchased by the three whales. The 577th largest Ethereum whale continued trading with 4.2 million MATIC worth $5 million. Two other whales purchased a total of $85,522,611 worth of FTX Tokens (FTT).
MATIC remains popular with whales
cryptocoin.com According to the WhaleStats data we quoted, MATIC remains the most traded token among Ethereum whales. Shiba Inu, on the other hand, has the largest token position by dollar value. Both LINK and MATIC are among the top ten cryptocurrencies bought in the last 24 hours.
Finally, two more major MATIC transfers have been detected recently.
- Binance exchange exchanged 5,861,079 MATIC tokens worth $12,119,079 between its internal wallets.
- The second transfer was between two anonymous wallets and carried twice as many coins at $26,181,601.
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