This single Crypto Whale was found through the movement of a wallet address where the address had bought three altcoins worth over $ 14 million after making several previous purchases.
The third largest Ethereum whale wallet often referred to as Light has embarked on a series of purchases involving altcoin MANA, SAND and CQT. Based on data from WhaleStats, a blockchain transaction tracker that monitors the top Ethereum wallet addresses and their activity, Light wallet recently bought about 642,999 MANAs, valued at $ 1,845,409.
Decentraland (MANA) in short is a kind of token that represents a virtual reality (VR) ecosystem where humans can buy land there. Each land or item within Decentraland is represented by a non-fungible token (NFT). It is also the first virtual platform that allows its users to have full control over the entire ecosystem. Users can play games, communicate, control, generate profits, and develop applications in Decentraland just as they do in the real world as long as the network gives permission.
The ‘Whale’ also bought a crypto that has the same orientation as The Sandbox by adding about 426,000 SANDs worth $ 2,044,800 in the first purchase, and an additional 1,703,978 SANDs with a value of $ 8,179,094. SAND is currently trading at $ 4.2 per unit at the time of writing.
Finally, Light wallet bought about 3,090,000 CQTs totaling $ 2,039,319. CQT is a Covalent Network crypto that offers application programming that allows developers to pull data from several leading blockchain platforms. It is currently trading at $ 0.6 per unit.
This latest purchase made by ‘Whale’ is nothing new, this ‘wallet’ address has made a large amount of value purchases in the last few weeks. Wallet Light, which currently has a total value of over $ 4.3 billion in digital currency, began its latest shopping activity last week.
Previously, this ‘Whale’ bought GALA cryptocurrencies worth over $ 1.1 million, over $ 2.45 million OMG tokens, over $ 24.1 million worth of LINK, and its largest purchase, Wrapped Bitcoin (WBTC) worth $ 86.4 million. In total, this Ethereum ‘Whale’ has spent more than $ 128 million in recent purchases, adding two metaverse tokens and four other digital currencies.
The price of Bitcoin is currently still seen not so good with trading above $ 40,000 per unit. Investors are now still taking a cautious stance in placing investment positions.
