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Ethereum Whales Are Jumping Into Several Gaming Altcoins Amid Major Bitcoin Correction

by Crypto News
January 6, 2022
in Ethereum
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Ethereum Whales Are Jumping Into Several Gaming Altcoins Amid Major Bitcoin Correction
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New information reveals that the world’s greatest Ethereum whales are stocking up on a number of gaming altcoins whereas the highest crypto property proceed to consolidate.

The blockchain-transaction tracker WhaleStats tweets an up to date listing of the ten most bought cryptocurrencies amongst whales over the previous 24 hours.

The info reveals that 30% of whales’ curiosity lies within the gaming sector. Not solely is GALA ranked fourth on the listing of current purchases, nevertheless it additionally ranks seventh general with the common whale holding 1,225,974 tokens with a price of $474,572.

Enjin Coin accounts for 1.2% of complete Ethereum whale holdings with a price exceeding $128.9 million.

Whereas play-to-earn Axie Infinity rounds out the top-10 listing of current exercise, Ethereum-based digital world The Sandbox (SAND) is absent and doesn’t presently look like on the radar of game-hungry whales.

WhaleStats can also be conserving tabs on a number of the largest catches made by particular person whale wallets. Here’s a sampling of current mega-hauls.

The fourth-largest ETH whale pockets named Mild purchased 13,340 QNT for $2,129,864.

An unnamed third-largest ETH whale wallet bought 1,000,000 MATIC for $2,140,000.

The ETH pockets ranked #293 additionally went in heavy on MATIC, buying 1,239,999 of the altcoin for $2,951,199.

The Ninetieth-ranked whale devoured 16,426,551 tokens from the Web of Issues information community MXC at a price of $1,016,376.

Ruling crypto Bitcoin (BTC) is reeling, down 7.43% on the day and buying and selling for $43,242.

Main sensible contract platform Ethereum can also be getting battered, down 10.18%, and priced at $3,434.

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Featured Picture: Shutterstock/Redshinestudio/Sensvector

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