Tag: Whalestats

Crypto Whales Are Focusing on Two Gaming Altcoins As Bitcoin and Ethereum Move to the Upside

by Dailyhodl

Fresh data shows the world’s biggest Ethereum whales are stocking up on a pair of gaming tokens while the broader crypto markets maintain positive momentum after a sluggish start to the year.

The latest numbers from WhaleStats reveal the 1,000 wealthiest non-exchange Ethereum addresses are buying into Decentraland (MANA), a virtual reality world that runs on Ethereum.

In the past 24 hours, the whales have bought on average 1,500 tokens for an average total purchase price of $4,980. MANA has also cracked the top-10 of total holdings, sitting at the ninth slot with an average quantity of 100,905 for a valuation of $331,227.

Whalestats says that total site-wide MANA holdings among whales are worth over $333.6 million and accounts for 3.11% of their cumulative bags.

At time of writing, Decentraland is the 34th ranked crypto by market cap and trading for $3.34.

Also on the whales’ radar is Smooth Love Potion (SLP), a token used within the Axie Infinity (AXS) ecosystem to earn rewards and purchase creatures in the online battling game.

Whalestats reports that over the past day whales purchased on average 125,380 SLP for a total value of $4,696.

The price of Smooth Love Potion has been surging higher and higher all week as news spread that Axie Infinity developers planned to drastically cut future issuance of SLP to curtail inflation.

The token has more than tripled in value and is up another 38% today to $0.037.

Source: Whalestats

Whalestats also posted some of the largest crypto purchases this week:

The 26th-largest wallet named Trinity bought 1,500,000 MANA for $4,980,000.

The 21st-ranked whale purchased 49,999,997 SLP for $1,998,612.

The whale ranked #305 helped itself to 657,998 tokens of layer-2 scaling solution Polygon (MATIC) for $1,322,576, then went back for seconds to the tune of $1,507,480 for 749,990 MATIC.

The 594th-biggest whale was not to be outdone, shelling out over $4 million to acquire 332,900 of UNI, the altcoin that powers the decentralized exchange Uniswap.

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Ethereum-Based Metaverse Token Is Up 130% Over Past Week As Crypto Markets Trade Sideways

by Dailyhodl

One Ethereum-based altcoin is enjoying smooth sailing while much of the crypto markets struggle through stagnant waters.

OpenDAO (SOS) launched in late December after an airdrop, initially surging by over 2,000% before correcting. SOS then experienced some moderate up-and-down price action until beginning an impressive 130% run to the upside over the past week.

The OpenDAO project released the SOS token to reward participants within the non-fungible token (NFT) industry. For its airdrop on December 24th, OpenDAO started to distribute SOS tokens to users of OpenSea, the largest NFT marketplace.

Cryptocurrency data tracker WhaleStats says that Ethereum whales are now also frantically swimming toward the altcoin’s beacon.

“JUST IN: SOS @The_OpenDAO now on top purchased tokens by 1000 biggest ETH whale wallets.

RocketRocket SOS price up 41.9% in the past 24 hours…”

According to the project website, OpenDAO is,

“A digital native community centered around leveling the playing field for both creators and collectors, [where SOS] is the token of the Metaverse – created by the community, for the community.”

OpenDAO says 50% of the 100 trillion total SOS tokens would be allocated to those who have traded on OpenSea since day one. The distribution of coins depends on the user’s total number of transactions on OpenSea as well as the amount of Ethereum (ETH), Dai (DAI) and USD Coin (USDC) that a user has spent on the platform.

OpenSea users can claim their tokens until June 30th, 2022.

The rest of the tokens will be distributed as follows: 10% for liquidity provider incentives, 20% for staking incentives and 20% for the OpenDAO Treasury.

The SOS allocated for OpenDAO will be used to compensate OpenSea scam victims, provide developer grants for participants of the SOS ecosystem and support emerging artists, NFT communities and art preservation.

At time of writing, OpenDAO (SOS) is 1% lower on the day and trading for $0.000004.

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Massive Crypto Whale Quietly Accumulating One Ethereum Competitor and Top Gaming Altcoin

by Dailyhodl

A crypto mega-whale just went on an altcoin buying spree and purchased $23.9 million worth of two digital assets.

The blockchain-transaction tracker WhaleStats reveals that an unnamed Ethereum wallet bought 135,000 Terra (LUNA) for $6.72 million.

Terra is a public blockchain protocol that underpins a suite of decentralized stablecoins. The ninth-ranked crypto asset is currently down 5.18% on the day and priced at $51.35.

The fourth-richest whale wallet also purchased five million tokens of virtual world The Sandbox (SAND) for $17.2 million.

The Sandbox is having an up day, in the green by 4.87% and trading for $3.61.

WhaleStats reports that there’s also been a feeding frenzy for layer-2 scaling solution Polygon (MATIC), which is up 6.63% and valued at $1.70.

A single unnamed Ethereum whale made four separate purchases of Polygon in one day totaling nearly $6.2 million:

At time of writing, the whale’s total Polygon holdings are worth over $24.2 million.

WhaleStats also highlights the altcoins that have been bought the most in the past 24 hours.

“Just in: CHZ @Chiliz is back on top-10 purchased tokens by 1,000 biggest ETH wallets.

We’ve also got YFI, MATIC & WOO on the list.”

Source: WhaleStats/Twitter

Sports-themed Chiliz (CHZ) is up slightly to $0.18, while multi-chain decentralized finance protocol yearn.finance (YFI) is trading sideways at $24,023.

The trading platform Woo Network (WOO) is also even on the day and priced at $0.58.

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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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Third-Richest Ethereum Whale Splurges Over $128,000,000, Accumulates Two Metaverse Tokens and Four Other Crypto Assets

by Dailyhodl

One crypto whale just embarked on an altcoin shopping spree to the tune of $14.1 million.

The blockchain-transaction tracker WhaleStats reveals that the Ethereum whale wallet named Light bought 642,999 Decentraland (MANA) for $1,845,409.

Decentraland is a 3D virtual reality world that runs on Ethereum. The 43rd-ranked crypto asset is priced at $2.81.

The 3rd-richest whale wallet also made two purchases of virtual world The Sandbox, the first for 426,000 SAND tokens at $2,044,800.

Light’s second foray into The Sandbox gobbled up 1,703,978 coins for a jaw-dropping $8,179,094.

At time of writing, The Sandbox is the 42nd-ranked cryptocurrency and trading for $4.41.

The whale wallet also loaded up on Covalent (CQT), buying 3,090,000 tokens for $2,039,319.

Covalent offers an application programming interface suite that allows developers to pull data from different blockchains. CQT is currently valued at $0.63.

Light is continuing a shopping spree that began last week when it scooped up over $1.1 million worth of another gaming token, the play-to-earn blockchain platform Gala (GALA).

WhaleStats reported that Light made a large purchase of layer-2 Ethereum scaling solution OMG Foundation (OMG), formerly OMG Network, shelling out over $2.45 million for 399,999 OMG tokens.

The whale wallet also spent a whopping $25,170,000 for a million LINK, the native token of decentralized oracle network Chainlink.

But Light’s biggest catch of all was 2,000 of the Bitcoin-pegged token Wrapped Bitcoin (WBTC), worth a heart-stopping $86.4 million at the time.

Currently, the Light wallet has a total combined value exceeding $4.3 billion.

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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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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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Ethereum Whales Are Accumulating New Gaming Altcoin in Huge Amounts – And It’s Not Axie Infinity, Decentraland or the Sandbox

by Dailyhodl

While the metaverse going mainstream has seen several altcoins explode in value and recognition, crypto whales are gobbling up a lesser-known gaming project.

According to crypto tracker WhaleStats, Gala Games (GALA) accounts for nearly 1% of total holdings – a whopping $519.5 million – among the top 1,000 Ethereum (ETH) whale wallets.

By comparison, popular games Axie Infinity (AXS), Decentraland (MANA) and The Sandbox (SAND) constitute much smaller portions.

MANA makes up 0.29% of the whales’ bags for a value of $171.9 million. SAND stands at 0.24% worth $141.4 million.

WhaleStats does not have current data on AXS, although a new tweet says that it is the third-most-popular search term on the site. The lowest-valued token mentioned by name in the following graphic accounts for 0.07%, worth $40 million.

Source: WhaleStats

GALA is an Ethereum-based play-to-earn altcoin that surged in value after being listed on Coinbase back in November.

The blockchain-based gaming protocol lets users take part in a game’s development by letting them own their in-game items in the form of non-fungible tokens (NFTs).

WhaleStats reports that GALA ranks in the top-10 total holdings among wallets it’s tracking. The average number of tokens held exceeds 1 million and is valued at $519,591.

At time of writing, the GALA token is down nearly 7% to a price of $0.47. Like most of the crypto markets, it has seen a rocky last few weeks after reaching a monthly high of $0.74 on November 24th.

Axie Infinity is also down slightly to $98.11, Decentraland has dropped 6% to $3.17, and The Sandbox has fallen by 6.26% to $5.01.

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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) $ 43,823.74 4.70%
Ethereum (ETH) $ 2,279.29 2.16%
Litecoin (LTC) $ 73.57 1.23%
Bitcoin Cash (BCH) $ 248.22 0.76%