Third-Richest Ethereum Whale Splurges Over $128,000,000, Accumulates Two Metaverse Tokens and Four Other Crypto Assets
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One crypto whale just embarked on an altcoin shopping spree to the tune of $14.1 million.
The blockchain-transaction tracker WhaleStats reveals that the Ethereum whale wallet named Light bought 642,999 Decentraland (MANA) for $1,845,409.
Decentraland is a 3D virtual reality world that runs on Ethereum. The 43rd-ranked crypto asset is priced at $2.81.
The 3rd-richest whale wallet also made two purchases of virtual world The Sandbox, the first for 426,000 SAND tokens at $2,044,800.
Light’s second foray into The Sandbox gobbled up 1,703,978 coins for a jaw-dropping $8,179,094.
At time of writing, The Sandbox is the 42nd-ranked cryptocurrency and trading for $4.41.
The whale wallet also loaded up on Covalent (CQT), buying 3,090,000 tokens for $2,039,319.
Covalent offers an application programming interface suite that allows developers to pull data from different blockchains. CQT is currently valued at $0.63.
Light is continuing a shopping spree that began last week when it scooped up over $1.1 million worth of another gaming token, the play-to-earn blockchain platform Gala (GALA).
WhaleStats reported that Light made a large purchase of layer-2 Ethereum scaling solution OMG Foundation (OMG), formerly OMG Network, shelling out over $2.45 million for 399,999 OMG tokens.
The whale wallet also spent a whopping $25,170,000 for a million LINK, the native token of decentralized oracle network Chainlink.
But Light’s biggest catch of all was 2,000 of the Bitcoin-pegged token Wrapped Bitcoin (WBTC), worth a heart-stopping $86.4 million at the time.
Currently, the Light wallet has a total combined value exceeding $4.3 billion.
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Featured Image: Shutterstock/sdecoret/Vladimir Sazonov
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