Here's What One of Biggest Ethereum Whales Is Buying and Holding Right Now

While some Ethereum whales stack more coins up, the biggest ones decide to leave the market completely

chain, tagged as"Light" on WhaleStats blockchain tracking service, has recently made another large purchase. During correction periods, whales become more active because of the opportunity to purchase assets at a significant discount.Light's total value of holdings is currently approximately $2.9 billion, with only three significant holdings.

The largest holding of the whale is RON token, with only 300 holders and no tracked market data.It is hard to determine the real value of holdings that are not listed on official centralized exchanges; hence, there is no way to determine the real liquidity behind it or its real value. Shiba Inua token is in second place of whale's holdings, worth approximately $1 billion.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Utoday_en /  🏆 295. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ethereum Staking Contract Faces Inflow Spike as Coin's Price Drops by 30%Ethereum staking might not be for everyone, but those who choose $ETH as a long-term investment push total value staked to a new ATH
Read more »

Shiba Inu Becomes One of Most-Purchased Tokens by Ethereum Whales, as On-Chain Data ReportsICYMI: ShibaInu has entered the top 10 of most bought tokens among large wallets, as per WhaleStats data SHIB $SHIB SHIBArmy
Read more »

$14.6 Million in MATIC Bought by Major ETH Whales, Moved Away from BinanceRecent blockchain data shows that a major Ethereum whale has purchased a large amount of MATIC, while a bigger sum in this coin was transferred from Binance
Read more »

'We're Making Ethereum Greener with Zero Knowledge Proof' - Daniel Puzny of zkTube | HackerNoonIn this latest Crypto Fireside chat, we talk to Daniel Puzny CEO of zkTube, a layer 2 technology that aims to turn ETH mining green while also adding speed...
Read more »

Ethereum EIP-1559 upgrade launches on Polygon to burn MATICMATIC supply is likely to become deflationary once fee burning commences according to estimates by the Polygon team.
Read more »

ETH 2.0 Contract Surpasses 9 Million Ethereum Worth $28 Billion – Technology Bitcoin NewsThe number of ether locked in the Ethereum 2.0 contract has exceeded 9 million ethereum or more than $28 billion, using today’s exchange rates. Blockchain
Read more »