Large Ethereum Whale Splurges Over $100,000,000 on FTX Token (FTT), Polygon (MATIC) and Three Other Crypto Assets

Large Ethereum Whale Splurges Over $100,000,000 on FTX Token (FTT), Polygon (MATIC) and Three Other Crypto Assets


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. 

In one transaction, the whale bought 1,408,969 FTT worth $49 million at time of purchase. A second transaction saw the crypto investor buy 1,049,990 FTT worth $36.51 million.

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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

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