One of highest ranking whales has purchased almost six million dollars worth of LINK on the dip, while the coin is in two highest spots for whales in past 24 hours
WhaleStats, the crypto tracker of the 100 largest wallets on Ethereum, BSC, etc., reported that a whale, whose wallet is called “Three Arrows”, made three trades to buy Chainlink’s native coin, LINK.
Each of these transfers was of 135,989 coins worth $1,872,572. In the meantime, LINK has taken the position of the most popular asset to trade for whales.
Top 10 whale catches 408 million LINK on the dive
The owner of the wallet who acquired 408 million LINK ranks 10th among the 100 largest investors on the Ethereum blockchain.
These three LINK purchases cost the whale slightly over $5.5 million. As of this writing, LINK is changing hands at $13.91, showing a mild drop of 1.93% in the past 24 hours and declining by 11.63% over the past seven days.
The whale used a popular strategy of buying “on the dip” in order to sell back later when the price rises.
LINK becomes top coin for ETH whales
According to the data provided by WhaleStats, Chainlink’s native coin at the moment holds two top positions for the largest Ethereum whales.
LINK is now the most widely held and traded token for ETH investors. It is also on the list of the 10 most purchased coins, holding the fifth place.
Overall, the biggest ETH whales are holding $180,685,031 worth of LINK, which constitutes 12,949,465 coins. That is 2.02% of their comprised crypto portfolio.
Here’s what else whales store
The largest token in USD value at the moment is the Shiba Inu meme token. The whales hold 53,604,500,817,986 SHIBs worth $1,393,164,908.
Among other assets that the whales have been after now is ApeCoin. Over the past few hours, ninth wallet, titled “BlueWhale0093,” has acquired 324,998 APE worth roughly $4 million.
APE is changing hands at $12.11 at press time, posting a 7.43% decline over the past 24 hours, according to CoinMarketCap.
A total of 1,499,990 MATIC have also been bought. MATIC, LINK and SHIB, as well as FTX, have remained whales’ favorite assets for speculation and long-term holding over the past several months.
