Metaverse con, Gala Gmes (GALA), has become one of the altcoin projects favored by the biggest Ethereum (ETH) whales. According to WhaleStats, Gala token, not SHIB or DOGE, has made it into the top 10 tokens purchased by the top 100 wallets in the last 24 hours. The whales’ purchases caused the coin to see a surge in 24-hour trading volume of over 141%.
ETH whales accumulate GALA, not SHIB
The top 100 Ethereum wallets are worth an average of $1.88 billion, with an average of 154,585 ETH, 224 tokens and 4 NFTs. According to WhaleStats, GALA ranks sixth among the top 10 cryptocurrencies bought by ETH whales in the last 24 hours. The Metaverse coin also entered the list of the 10 largest altcoins bought by the same wallets in the past 7 days. In this list, the metaverse coin ranks eighth.
According to WhaleStats, an Ethereum whale added 29,999,999 Gala tokens worth $8.82 million. Meanwhile, on closer inspection, the biggest wallets seem to be buying and selling GALA equally. GALA coins are on both lists of the 10 best-selling coins in the last 24 hours and 7 days. As we have mentioned in the news of Kriptokoin.com, the SHIB token, which is one of the important choices of whales, has not been on the list of whales recently.
The largest of the ETH wallets, it holds over $50 million in GALA cryptocurrencies, accounting for only 0.52% of total assets excluding ETH. However, the FTX token is the largest altcoin in the hands of whales. Whales hold over $1.85 billion in FTX cryptocurrencies, accounting for 19.36% of their total assets.
GALA price up 16%, trading volume up 141%
GALA has recorded an explosive increase of over 16% in the past 24 hours. At the same time, 24-hour trading volume increased by over 140% to $940.5534.234. The cryptocurrency is trading at an average price of $0.2801 at press time. According to CoinMarketCap, GALA ranks 60th with a total market capitalization of over $1,960 billion.
GALA daily price chart / Source: CoinMarketCap 
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