The biggest Ethereum whales always know that investors are watching them. Two giant wallets caught on the WhaleStats radar have bought almost $24 million worth of Sandbox (SAND) as the price has dropped 3% in the past 24 hours. It seems that whales continue to hunt metaverse coins from the bottom price instead of SHIB or DOGE.
is not SHIB or APE, but the most popular token SAND among whales
According to WhaleStats, two Ethereum whales Azog and BlueWhale0069 bought SAND for approximately $22.97 million and $1.76 million, respectively. . As a result of this move, the Metaverse coin has risen to the top of the list of top 10 coins purchased by the largest ETH wallets in the past 24 hours. “Azog” also collected 699,999 Enjin Coins worth $1.25 million in his wallet. According to the data, whales have been accumulating SAND for some time. Thus, it has topped the list of the most popular tokens in the last seven and thirty days. Meanwhile, Sandbox can be seen among the top selling cryptocurrencies in the last 24 hours, 7 days and 30 days.
The largest token position in dollar terms belongs to an Ethereum whale holding $186.67 million worth of SAND. SAND accounts for only 1.76% of this whale’s total assets. The most popular token among Ethereum whales is FTT. They own approximately $1.8 billion worth of FTT. However, it is worth noting that the largest ETH whales have a higher proportion of Decentraland (MANA) than SAND. MANA is a large metaverse project competing with SAND. It holds the $332 million position among whale wallets.
Sandbox announced its giant partnership
As we have reported as Kriptokoin.com, Sandbox has announced its partnership with Ledger, a hardware cryptocurrency wallet. The team hopes to build a secure Metaverse by strengthening security, education, and support for users. According to reports, Ledger will build a hub in Sandbox.
At the time of writing, SAND is trading at an average of $3.35. It has lost 4% of its value in the previous seven days. Sandbox is the 42nd most valuable cryptocurrency with a market cap of approximately $3.9 billion according to CoinMarketCap.
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