Data from a whale-monitoring platform reveals that one of the largest whales in existence is snapping up five altcoins including FTX Token (FTT) and Polygon (MATIC) worth over $100 million.
WhaleStats shows that the Ethereum (ETH) whale, with crypto holdings worth over $17 billion, purchased tens of millions of dollars worth of FTX Token, the utility coin of crypto derivatives exchange FTX.
FTX Token is currently exchanging hands at $38.07.
The whale, which sits at number 557 in WhaleStats’ ranking of the largest non-exchange Ethereum wallets, also bought 4,250,000 MATIC tokens worth $8,79 million. Polygon, a blockchain