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The World’s Biggest Ethereum Whale Starts Buying Altcoins in Bulk

Ethereum


The king of all Ethereum (ETH) whale wallets has just added another large stack to its growing collection of cryptocurrencies.

Light, the largest Ethereum wallet on record, purchased 500,000 tokens of ETH layer-2 scaling solution OMG Network (OMG) for a whopping $2.06 million, according to whale-tracking bot WhaleStats.

Light’s OMG holdings now stand at 677,847 shares, valued at $2.69 million.

Light, according to Ethereum search engine Etherscan, owns over 300 distinct crypto assets worth a stunning $1.91 billion in total. The following are Light’s top crypto allocations:

35.3 trillion of dog-themed meme coin Shiba Inu (SHIB), worth $843.01 million.

590,637,882 of Cronos (CRO), native token of the Crypto.com exchange, valued at $235 million.

48,573 of leading smart contract platform Ethereum (ETH) worth $127 million.

18.5 million of virtual world The Sandbox (SAND) priced at $55 million.

28,360,863 of layer-2 scaling solution Polygon (MATIC) worth $41 million.

16,675,239 of 3D virtual reality world Decentraland (MANA) valued at $41.60 million.

23,463,328 ENJ, utility token of the Enjin Coin ecosystem, worth $31,910,127.

13,030,155 of decentralized finance platform Fantom (FTM) priced at $21.36 million.

16,618,399 LRC, the native token of zero-knowledge (ZK) rollups protocol Loopring worth $12.28 million.

26,824,323 of the play-to-earn (P2E) metaverse gaming platform Gala Games (GALA) valued at $5.9 million.

WhaleStats also shows which tokens whales have bought the most in the last 24 hours.

WhaleStats


In addition to other altcoins and Ethereum, the top 1,000 wealthiest wallets purchased 412,256 tokens worth $206,316 on the Woo Network (WOO) trading platform, as well as 50,000 tokens worth $115,500 on the cross-chain bridge Synapse (SYN).

The 33rd-ranked whale alone spent $20.87 million on 41,225,616 WOO, while another unknown wallet spent $2.55 million on 824,990 SAND.
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