Tag: Whale Stats

Largest Ethereum Whales Pounce on Shiba Inu, Buy Over $88,000,000 Worth of SHIB in the Past Day

by Dailyhodl

The top 1000 richest Ethereum wallets are gobbling up the popular memecoin Shiba Inu (SHIB) at an alarming rate.

Those top Ethereum wallets purchased more than $88 million worth of SHIB over a 24-hour period, according to the whale-monitoring bot WhaleStats.

One address, the 262nd-largest Ethereum wallet, purchased more than $34 million worth of Shiba Inu during that 24-hour period.

Another whale, the 29th-largest Ethereum wallet, bought nearly $40 million worth of SHIB.

Shiba Inu is trading at $0.000021 at time of writing, down 25% from where it was priced a week ago. The 14th-largest crypto asset by market cap is also down nearly 45% in the past month.

SHIB is a meme token that aims to be an Ethereum-based alternative to Dogecoin (DOGE). The crypto asset can be used for payments at various retailers or on its decentralized exchange ShibaSwap for non-fungible token (NFT) purchases and staking.

In total, the top 1000 Ethereum wallets hold more than $1.155 billion in SHIB, representing 13.78% of their non-Ethereum (ETH) holdings, according to WhaleStats. That’s second only to FTX Token (FTT), which represents about 15.56% of the addresses’ non-ETH holdings.

FTT is the exchange token of FTX, a cryptocurrency derivatives trading platform for futures, leveraged tokens and over-the-counter trading.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Massive Ethereum Whale Begins Accumulating Four Altcoins As Bitcoin and Crypto Markets Recover

by Dailyhodl

One mega-whale just went on an altcoin shopping spree to the tune of $30.6 million.

The blockchain-transaction tracker WhaleStats reveals that the Ethereum whale wallet named Light bought 399,999 OMG for $2,451,999.

The OMG Foundation, formerly known as OMG Network, is layer-2 Ethereum scaling solution that integrates with mainstream wallets. The 122nd-ranked crypto asset, OMG, is priced at $5.95.

The 4th-richest whale wallet also purchased a cool million worth of decentralized oracle network Chainlink (LINK) for a total of $25,170,000.

At time of writing, Chainlink is the 17th-ranked cryptocurrency and trading for $25.19.

The wallet also loaded up on popular meme coin Shiba Inu (SHIB), buying a staggering 58.9 billion tokens for $1,906,592.

Shiba Inu has been fighting its way back from monthly lows on January 9th and is currently valued at $0.00003.

The last altcoin on Light’s to-do list was play-to-earn blockchain gaming platform Gala (GALA). The whale tucked away 3,260,000 GALA tokens for $1,137,691.

Gala is having a rough start to the new year, having fallen from $0.45 to its current valuation of $0.32.

WhaleStats reports that Light also made a huge purchase of the Bitcoin-pegged token Wrapped Bitcoin (WBTC), dropping a mind-boggling $86,428,000 on 2,000 WBTC.

Wrapped Bitcoin is currently worth $42,849, the same as top crypto Bitcoin (BTC).

Finally, WhaleStats tweeted that SHIB has become the most popular token among the leading Ethereum wallets with 15.75% of all holdings.

“Just in: SHIB Shibtoken had come back to be [the] biggest token position by dollar value among the top 1000 ETH whale wallets.”

Source: WhaleStats

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Ethereum Whales Are Jumping Into Several Gaming Altcoins Amid Major Bitcoin Correction

by Dailyhodl

New data reveals that the world’s biggest Ethereum whales are stocking up on several gaming altcoins while the top crypto assets continue to consolidate.

The blockchain-transaction tracker WhaleStats tweets an updated list of the ten most purchased cryptocurrencies among whales over the past 24 hours.

The data shows that 30% of whales’ interest lies in the gaming sector. Not only is GALA ranked fourth on the list of recent purchases, but it also ranks seventh overall with the average whale holding 1,225,974 tokens with a value of $474,572.

Enjin Coin accounts for 1.2% of total Ethereum whale holdings with a value exceeding $128.9 million.

While play-to-earn Axie Infinity rounds out the top-10 list of recent activity, Ethereum-based virtual world The Sandbox (SAND) is absent and does not currently appear to be on the radar of game-hungry whales.

WhaleStats is also keeping tabs on some of the largest catches made by individual whale wallets. Here is a sampling of recent mega-hauls.

The fourth-largest ETH whale wallet named Light purchased 13,340 QNT for $2,129,864.

An unnamed third-largest ETH whale wallet purchased a million MATIC for $2,140,000.

The ETH wallet ranked #293 also went in heavy on MATIC, purchasing 1,239,999 of the altcoin for $2,951,199.

The 90th-ranked whale devoured 16,426,551 tokens from the Internet of Things data network MXC at a cost of $1,016,376.

Ruling crypto Bitcoin (BTC) is reeling, down 7.43% on the day and trading for $43,242.

Leading smart contract platform Ethereum is also getting battered, down 10.18%, and priced at $3,434.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Largest Ethereum Investors Splurge Over $260,000,000 on One Crypto Asset, Making It the Most Traded Token Among ETH Whales

by Dailyhodl

Fresh data shows the world’s biggest Ethereum (ETH) whales are stocking up on an altcoin that powers a data feed service for the decentralized finance industry.

The blockchain-transaction tracker WhaleStats says in a tweet that oracle network Chainlink (LINK) is gaining popularity with crypto whales.

“LINK is so hot with many big transactions today.

Looking at our metrics, LINK is:

-most traded token

-on top 10 purchased tokens

-on top most used smart contracts

-among 1000 biggest ETH wallets.”

The latest numbers from WhaleStats reveal that among the 1,000 wealthiest non-exchange Ethereum addresses, LINK currently accounts for 2.21% of all holdings at a value of over $261.4 million.

Source: WhaleStats

WhaleStats also tweeted out that Chainlink had surpassed multi-chained scaling solution Polygon (MATIC) as the most traded altcoin among whales with massive bags.

One whale just went on a Chainlink shopping spree and picked up over $15 million worth of the token in a 24-hour window. The wallet now holds more than 1.3 million LINK worth over $32.1 million.

At time of writing, the price of Chainlink is up 7.74% on the day to $25.10, the highest it’s been since LINK dropped from a fall peak above $38 in early November.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Bitcoin Whale Moves $97,296,884 From Crypto Giant Coinbase in Massive Asset Transfer

by Dailyhodl

A massive whale is turning heads after relocating nearly a hundred million dollars worth of Bitcoin in a single transaction.

Whale-tracking bot Whale Alert initially detected the huge BTC transfer and reported the details to its 1.9 million Twitter followers.

The whale involved transferred the 2,001 BTC, worth $97.29 million from the US-based crypto exchange Coinbase.

Distributed ledger explorer Blockstream says that the deep-pocketed crypto investor paid 0.000102 BTC in transfer fees, worth $5.21 at time of writing.

Looking closely at the receiving address, BitInfoCharts reveals that the wallet involved is owned by crypto exchange OKEx. The address that collected the BTC stack is a cold wallet, indicating that the Bitcoin was taken offline.

As the whale moves the BTC into cold storage, data analytics firm Glassnode says that huge amounts of Bitcoin are moving from weak hands to entities that are known to keep their crypto dormant.

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Source: Glassnode/Twitter

“Bitcoin supply is moving from a liquid to an Illiquid state at a rate of 100,000 BTC ($5.01 billion) per month. Illiquid coins are those sent to an address with little history of spending, generally associated with investor accumulation and bull market buyers.”

At time of writing, Bitcoin is up 5.83% on the day and trading for $51,283.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Whales Suddenly Move $320,000,000 in Bitcoin to a Single Destination – Here’s Where the Crypto Is Headed

by Dailyhodl

Crypto whales just moved over 5,800 Bitcoin (BTC) worth more than $327 million into a single destination, according to a whale-surveilling platform.

Whale Alert tells its 1.8 million followers in a series of tweets that in the last 24 hours crypto whales are relocating thousands of BTC amid a correction that saw Bitcoin tumble to a new 30-day low of $52,416.

Five of the transactions involved shifted BTC from wallets of unknown origins to popular US-based crypto exchange Coinbase. Meanwhile, one transaction moved a large sum of Bitcoin from global crypto exchange Binance to Coinbase.

Here’s a summary of the BTC transactions:

While crypto investors tend to be concerned that a massive influx of Bitcoin into the crypto exchanges might indicate downward selling pressure, insights firm Into the Block reports that centralized exchanges recorded more outflows than inflows during the past week.

The crypto intelligence platform says,

“Bitcoin recorded nearly $2 billion in net outflows from centralized exchanges, the highest level in five weeks.”

At time of writing, BTC is down nearly 7.14% on the day to $52,557.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Bitcoin (BTC) $ 26,789.18 1.60%
Ethereum (ETH) $ 1,660.33 0.31%
Litecoin (LTC) $ 65.89 1.22%
Bitcoin Cash (BCH) $ 230.91 4.04%