LINK Jumps Over MATIC on ETH Whales’ List to Turn Most Traded Coin for Them

ETH

Chainlink has outperformed MATIC to become the most frequently traded coin by the largest Ethereum holders

As reported by WhaleStats, a Twitter account that shares data on the top 1,000 list of richest Ethereum investors, Chainlink’s native coin, LINK, has flipped that of Polygon (MATIC) to jump to the spot of the most traded crypto by largest whales betting on Ether.

Meanwhile, MATIC is ahead of LINK on the list of top 10 assets actively bought by ETH whales.

LINK flips MATIC, preferred by ETH whales again

According to a recent tweet by the aforementioned source, the top 1,000 ETH whales are again trading more LINK than any other cryptocurrency. Over the past few months, three coins have been actively flipping each other on that position: Shiba Inu (SHIB), Chainlink (LINK) and Polygon (MATIC).

Earlier today, SHIB tumbled MATIC as the most traded currency, then the Polygon coin took over that position, and now MATIC has traded against LINK there.

SHIB, however, remains the asset with the biggest value in USD for the top 1,000 ETH owners.

According to WhaleStats, ETH whales now hold a cumulative LINK of 11,188,073, which includes $172,730,386.

MATIC ahead of LINK as top purchased coin

An earlier tweet posted by the WhaleStats service shows that MATIC is far ahead of Chainlink’s native coin on another list related to the top 1,000 ETH whales. Polygon’s asset is in fourth place among the top 10 cryptocurrencies actively purchased by ETH holders over the past 24 hours.

ETH is in second place here, and LINK comes in ninth.

Whales picking millions of MATIC

WhaleStats has also shared that, recently, large ETH whales (on the top 1,000 list) have purchased a total of 2,750,000 MATIC tokens worth $2,100,000.

Two acquisitions of 1,250,000 and 1,050,000 tokens were made by whales ranked 347th and 390th on the WhaleStats scale of the top 1,000 ETH holders. This is the equivalent of $1,764,000.

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