Link site

$22.1M in APE, FTM, SAND, LINK, FTX Acquired by Top ETH Investors: Report

Youri Molchan

Ethereum Whales Continue Acquiring Trendy Cryptocurrencies APE and FTM, Along With Their “Old Favorites” – LINK and SAND

Contents

  • Whales add trending tokens to their wallets
  • $1.2 billion SHIB held by the largest ETH wallets

According to a few recent tweets posted on the WhaleStats Twitter page, in the past 17 hours, several large whales on the Ethereum blockchain have purchased just over $22 million worth of digital currencies: APE, SAND, LINK, FTX, and FTM.

Whales add trending tokens to their wallets

The WhaleStats platform, which provides data on the 100 largest whales on various platforms, tweeted that some of the biggest Ethereum blockchain investors recently acquired a total of $22.1 million in various altcoins – ApeCoin (APE), FTX Token (FTX), Fantom (FTM), Sandbox (SAND) and Chainlink (LINK).

FTT, LINK and FTM have recently been frequent targets for whales, along with the Shiba Inu meme token, but APE and SAND have recently joined this list.

The whales caught 2,100,000 SAND, 485,000 LINK, 195,029 APE, 3,383,731 FTM and 195,029 APE.

APE, FTX, and FTM feature on the list of top 10 digital currencies bought in the last 24 hours, along with MATIC, WBTC, MKR, and dollar-pegged stablecoins USDT and USDC.

In the last 24 hours, APE has been the most traded ERC-20 token for the top hundred Ethereum whales.

FTT remains the coin with the highest US dollar value for these investors, taking second place on the list of top 10 crypto holdings after Ethereum.

As U.Today reported, over the weekend the Whales acquired 600,000 ApeCoins, worth approximately $8.2 million at the time of purchase. Beyond that, Time Magazine intends to start accepting APE as payment from its subscribers.

$1.2 billion SHIB held by the largest ETH wallets

The WhaleStats website shows that the aforementioned top 100 ETH whales are still holding a massive amount of Shiba Inu meme coins – a staggering $1,255,643,849 worth of SHIB. This constitutes 53,591,286,769,099 SHIB and 14.14% of their portfolios.

The amount of FTT held by whales is slightly larger, $1,678,414,524 in FTX tokens, or 18.9% of their compound portfolio.