Largest Ethereum Whales Heavily Loading Up on One Crypto Exchange Token, According to WhaleStats

New information reveals that the greatest Ethereum (ETH) whales around are greatly collecting one crypto exchange token that’s been trading under the radar over the last couple of weeks.

The newest figures from WhaleStats are exposing the acquiring habits of the 1,000 biggest non-exchange Ethereum addresses.

The whale-surveillance site reveals that in the last 7 days, deep-pocketed crypto holders purchased approximately $2.62 million worth of Ethereum and $1.15 million worth of stablecoin Tether (USDT). Coming in at number 3 is FTX Token (FTT), the energy property of crypto derivatives exchange FTX, with a typical purchase quantity of $728,038.

The build-up of FTT by the biggest Ethereum whales ends up being more transparent when taking a look at the 30-day horizon. WhaleStats reveal that the most affluent ETH holders acquired $2.35 million worth of FTT typically in the last one month.

Source: WhaleStats

One Ethereum whale, in specific, has actually been packing up on FTT. The whale-tracking platform exposes that a confidential wallet address has actually built up more than 14.74 million FTT coins worth a shocking $747.76 million. Most of the whale’s enormous FTT chest was purchased in the last day as WhaleStats reveal that the big-time crypto holder increased his FTT holdings by almost 3,000% in the last 24 hr.

FTT is presently exchanging hands at $50.62, up 2.49% in the last 24 hr however still down almost 40% from its all-time high of $84.75.

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