Ethereum Whale loads six altcoins amid resurgence of bitcoin and crypto market

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A crypto whale known for its Ethereum (ETH) holdings is causing a stir by buying big in six different altcoins.

Transaction tracker WhaleStats tweeted that a whale known as “Light” just purchased over $ 11 million worth of Wrapped BTC (WBTC), which is an Ethereum token designed to maintain a constant peg to the price of the Bitcoin.

“The ETH ‘Light’ whale has just purchased 200 WBTC (11,352,400 USD).

Ranked # 4 on WhaleStats.

The portfolio now has a total value of $ 5.7 billion, including 362 WBTCs valued at $ 20.2 million. WBTC at the time of writing is worth $ 57,084, the same as BTC.

Light also picked up considerable help from decentralized blockchain indexer The Graph (GRT).

“ETH ‘Light’ whale has just purchased 2,000,000 GRT (USD 1,849,946).”

The chart is down 6.23% today at $ 0.93.

The binge eating continued as Whale acquired for more than $ 1.8 million decentralized exchange (DEX) SushiSwap, whose native SUSHI token is currently trading at $ 7.50.

“The ETH ‘Light’ whale just purchased 250,000 SUSHI ($ 1,837,500).”

Then there’s ILV, the native token of the open-world role-playing game Illuvium which is built on the Ethereum blockchain. The whale devoured a thousand ILVs for over $ 1.75 million.

“ETH ‘Light’ whale just purchased 1,000 ILV ($ 1,753,260).”

ILV is currently up 6.70% on the day and trading at $ 1,845.

The DEX feast also featured the automated Uniswap financial protocol, with the whale spending $ 1.6 million on the UNI token.

“The ETH ‘Light’ whale just purchased 79,998 UNI ($ 1,603,965).”

UNI is up 1.58% on the day to $ 20.52.

Last on the shopping list is Curve DAO (CRV), the token that powers the Curve Finance DEX. According to DeFILama, Curve has more total blocked value than any other DEX.

“ETH ‘Light’ whale just purchased 250,000 CRV ($ 1,145,000).”

The 86th largest crypto is down 2.83% today and priced at $ 4.67.

WhaleStats also provides an overview of the most popular tokens among whales.

Of the top 10 tokens bought in the past 24 hours, WhaleStats topped ETH with 138 total buys, followed by three different stablecoins: USDT, Circle’s USDC) and Binance USD (BUSD).

Source: WhaleStatsCheck Price Action Don’t Miss a Beat – Subscribe to receive crypto email alerts straight to your inbox Follow us on Twitter, Facebook and Telegram Surf The Daily Hodl Mix Check Latest News Headlines No Reviews -responsibility: The opinions expressed at Daily Hodl are not investment advice. Investors should do their due diligence before making high risk investments in Bitcoin, cryptocurrency, or digital assets. Please note that your transfers and transactions are at your own risk and that any loss you may incur is your responsibility. The Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in Affiliate Marketing.

Featured Image: Shutterstock / funstarts33 / Natalia Siiatovskaia

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