An Ethereum (ETH) whale made a hefty purchase from an altcoin project, according to data from WhaleStats, a platform that studies cryptocurrency transactions. cryptocoin.com We convey the details as…
WhaleStats: Whales have their eyes on these altcoin projects
New data from whale watching platform WhaleStats shows that the 105th-ranked Ethereum whale purchased 15,720,427 FTX Tokens (FTT) worth $637.14 million in a single transaction. FTX Token; It is the utility token of FTX, a cryptocurrency derivatives trading platform offering services for futures, leveraged tokens and over-the-counter trading. The whale’s massive transaction put FTT at the top of the top 1,000 Ethereum wallets with an average purchase amount of $637,149 over the past 24 hours.
After FTT, among the most purchased altcoins by whales are Wrapped Ethereum (WETH), a crypto-asset representing Ethereum in a 1:1 ratio, stablecoin Tether (USDT), and Ethereum itself, ETH. The purchase amounts of these altcoins are as follows, respectively: $132,682, $42,230 and $30,641.
Excluding Ethereum, FTT has now surpassed the popular meme coin Shiba Inu (SHIB) to become the largest aggregated US dollar value token among the top 1,000 ETH addresses. At the time of writing, the biggest Ethereum whales collectively seem to have $1.49 billion worth of FTX. Meanwhile, the same group of investors owns $1.17 billion worth of SHIB in total. Other coins that Ethereum whales currently hold in large quantities include USD Coin (USDC), Tether, and OKEx’s native cryptocurrency OKB.
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