Ethereum whales continue to buy FTX Token, MATIC and LUNA, as the market turns green
WhaleStats on-chain data service has shared that in the past twenty-four hours, some of top ETH 1,000 whales have bought large amounts of FTT and Polygon’s native token MATIC, along with some Terra Luna.
Meanwhile, the cryptocurrency market has turned green with the majority of coins, including the three mentioned above, are showing a rise.
Large ETH holders keep grabbing their favorite tokens
According to the recent tweets published by WhaleStats platform, several of the largest Ethereum whales with the one ranked 4 among them, have acquired 4 million MATIC, totaling $5,529,716 in fiat.
Whale ranked 105 on WhaleStats acquired 15,720,427 FTX Token (FTT) worth a staggering $637,148,906.
🐳🐳🐳🐳🐳🐳🐳🐳🐳🐳 An ETH whale just bought 15,720,427 #ftx token ($637,148,906 USD).
Ranked #105 on WhaleStats: https://t.co/2do7yJzgy7
— WhaleStats – the top 1000 Ethereum richlist (@WhaleStats) January 29, 2022
Whale ranked 4 bought 135,000 LUNA, the equivalent of $6,725,700.
🐳🐳 An ETH whale just bought 135,000 $luna ($6,725,700 USD).
Ranked #4 on WhaleStats: https://t.co/EIH4SaZXdR
— WhaleStats – the top 1000 Ethereum richlist (@WhaleStats) January 28, 2022
MATIC, LINK and FTT are the crypto assets that top 1,000 Ethereum whales have been betting on recently and buying quite a lot of these coins. Earlier, U.Today reported that whale ranked 297 had purchased around 3 million MATIC tokens amid the market decline.
On January 17, another ETH whale added 2.3 million to their holdings and an anonymous whale moved 3.8 million MATIC off Binance. These transactions constitute the equivalent of $14.6 million.
Besides, $1.3 million worth of FTT was bought by an ETH whale ranked 506 over two weeks ago.
Mike Novogratz bets on LUNA
Earlier, U.Today covered that LUNA is one of the crypto assets that the renowned investor and head of Galaxy Digital Mike Novogratz bets on. Once the coin hit an all-time high of $100 in December, he made a tattoo to celebrate it as he had promised earlier.
FTT comes second after SHIB in USD equivalent
Per WhaleStats data, Shiba Inu token at the moment remains the largest token by the USD value held by the ETH top 1,000 whales. They are holding $2.6 billion worth of it (26.43 percent of their holdings) with FTX token coming second.
The whales hold $1.5 billion in FTT, which is 14.69 percent of their portfolio.