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A Massive Crypto Whale Is Accumulating One Ethereum Competitor And Top Gaming Altcoin

A crypto mega-whale just went on an altcoin buying spree and purchased $23.9 million worth of two digital assets. The blockchain-transaction tracker WhaleStats reveals that an unnamed Ethereum wallet bought 135,000 Terra for $6.72 million.

Terra is a public blockchain protocol that underpins a suite of decentralized stablecoins. The ninth-ranked crypto asset was down 5.18% on the day and priced at $51.35.

WhaleStats reports that there’s also been a feeding frenzy for layer-2 scaling solution Polygon (MATIC), which is up 6.63% and valued at $1.70.

A single unnamed Ethereum whale made four separate purchases of Polygon in one day totaling nearly $6.2 million:

  • 1,199,985 MATIC worth $1.94 million
  • 1,000,090 MATIC worth $1.66 million
  • 1,159,995 MATIC worth $1.92 million
  • 845,778 MATIC worth $1.40 million

At the time of writing, the whale’s total Polygon holdings are worth over $24.2 million.

(All information was provided by The Daily Hodl)

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