Deep-pocketed crypto investors are gobbling up smart contract platform Ethereum (ETH), scaling solution Polygon (MATIC) as well as the 3D virtual reality world Decentraland (MANA).
New data from WhaleStats shows that over the past seven days the top-1000 ETH wallets have been feasting on Ethereum, with the average whale buying 559 ETH tokens for a cost of $1,741,309.
The crypto whales have also been devouring Polygon at an average of $36,735 for 19,919 MATIC tokens.
Also cracking the top-10 over the last week is the metaverse game Decentraland. The whales dropped $18,505 on average to purchase 5,502 MANA.
MANA is also popular among the top-1000 wallets, accounting for 3.13% of all non-ETH holdings for a total value just above $319 million.
Decentraland is currently up big, having risen 14.13% to $3.31 at time of writing.
MATIC makes up 2.05% of the cumulative whales’ holdings and is valued at $209.3 million.
WhaleStats says in a tweet that the 28th-ranked wallet known as Trinity just spent $3.62 million to acquire 2,000,000 MATIC alone.
Polygon is also seeing green today, up 9.6% to $1.82.
ETH itself remains the top crypto among the whales, with the average stash being 40,673 tokens for a total valuation of $126,542,525 per wallet.
Ethereum has also risen 6.2% and is currently trading for $3,169.
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Featured Image: Shutterstock/Dotted Yeti
The post Ethereum Whales Accumulating ETH, Polygon (MATIC) and This Metaverse Altcoin Over Past Week: WhaleStats appeared first on The Daily Hodl.
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- Source: https://dailyhodl.com/2022/02/16/ethereum-whales-accumulating-eth-polygon-matic-and-this-metaverse-altcoin-over-past-week-whalestats/
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