As the market is drifting red, large investors continue to acquire MATIC and LINK, while already holding a substantial amount of Shiba Inu
Analysis provided by crypto data tracker WhaleStats shows that two top ETH holders have seized over $5.2 million from LINK and MATIC as the crypto market continues to decline.
In the mean time, the largest ETH whales already hold almost $200 million worth of Polygon’s MATIC and LINK, as well as $1.2 billion in SHIB tokens.
SHIB and ETH whales catch more MATIC and LINK
According to WhaleStats, in the past 20 or so hours, two Ethereum whales from the top 1,000 list have expanded their holdings in MATIC and LINK.
A whale ranked 374th has bought 300,000 Chailink worth $4,061,999. He now owns a total of $4,826,508 worth of this token, which comprises 5.24% of his portfolio. The biggest part of his holdings is concentrated in Windows and Twitter tokens: 46.8% and 28.85% of his total crypto riches.
Another big Ethereum investor bought 832,990 MATIC. This constitutes $1,249,485 in fiat. This cryptocurrency investor already owns $9,850,613 of Polygon, or 5.63% of the total portfolio.
He holds $32,324,336 worth of Ethereum as well.
Whales own over $1.2 billion in SHIBs
Although they favor the second most popular crypto, Ethereum, the top 1,000 ETH whales have also bet a large portion of their funds on the same SHIB cryptocurrency, the potential of which is not considered high by some members. of the crypto investing community.
WhaleStats website shows that ETH whales at the moment are holding $1,277,297,247 – 14.98% of their portfolios. The overall amount of MATIC owned by them is $180,041,196 (2.11%) and $167,300,758 worth of Chainlink (1.96%). LINK is also the token used in the majority of trading operations at the moment, while SHIB comes third after Ethereum and FTX Token by U.S. dollar value.
Meanwhile, the majority of the top 100 cryptocurrencies are in the red, including Bitcoin and Ethereum.
