Ethereum Whales Are Jumping Into Some Altcoins As Bitcoin Nears $40,000

Ethereum Whales Are Jumping Into Some Altcoins As Bitcoin Nears $40,000 5

Source: WhaleStats

WhaleStats also shows that some of the richest Ethereum whales in existence are making massive individual purchases amid the bearish crypto market.

Ethereum whale ranked fourth on the planet bought almost 200,000 won LINK is worth an incredible $3.90 million and 1,000 yen Maker (MKR) is worth about $1.96 million. MKR is an Ethereum-based governance token of MakerDAO, a decentralized autonomous organization (DAO) used to maintain and regulate the stablecoin DAI.

141st ranked ETH whale also bought LINK – 86,475 tokens worth $1.69 million. Large wallet also added 1,099,996 MATIC is worth $2.24 million.

Finally, the 475th ranked Ethereum whale bought 326,994 SUSHI worth 1.84 million USD. SUSHI is the governance token of the SushiSwap decentralized cryptocurrency exchange platform.

ParabolStudio / Natalia Siiatovskaia

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