Deep-pocketed crypto investors are hunting Ethereum scaling solution Polygon (MATIC), Loopring (LRC) and other small-cap altcoin projects amid the market recovery. As Kriptokoin.com, we have compiled the details for you, let’s examine the subject together…
Whales have their eyes on this mailyarder-backed altcoin project!
New data from WhaleStats shows that the cryptocurrency has been popular among the wealthiest Ethereum holders in the last 24 hours, as MATIC is enjoying healthy price rallies. MATIC replaced LINK as the number one traded token on the whale board.
Ethereum whales acquired MATIC on Friday in regular million-dollar purchases. The fourth largest Ethereum whale in existence, purchased 2,838,000 MATIC for approximately $4.73 million. In another transaction, a whale purchased $2 million worth of MATIC tokens. A third whale purchased $1.5 million worth of MATIC in a separate transaction.
The most bought altcoins by Ethereum whales in the last seven days!
Looking at the list of top tokens that Ethereum whales have bought the most in the last seven days, MATIC ranks fifth with an average purchase amount of $41,220. Ethereum whales give the seventh place to Loopring (LRC). Loopring is an Ethereum token that aims to allow anyone to create exchanges on the Ethereum network using zero-knowledge (ZK) proofs.
Render Token (RNDR) ranks eighth with an average purchase amount of $7,197. RNDR aims to allow anyone with a modern GPU to contribute processing power in exchange for tokens, while increasing the scale and availability of GPU computing for artists, designers, and researchers.
List of cryptocurrencies hunted by whales!
Ninth-ranked Sushi (SUSHI) is the native token of the decentralized exchange SushiSwap. On average, ETH whales have purchased $6,735 worth of SUSHI in the past seven days. Other cryptocurrencies on the list include Ethereum and a number of stablecoins.
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