The richest Ethereum whales across the globe are gobbling up two surging altcoins at a rapid rate as most of the crypto market continues to sputter.
WhaleStats reports that in the past week the top 1000-largest Ethereum addresses have purchased Polygon (MATIC) and Chainlink (LINK) more than any other crypto assets after Ethereum (ETH) and the stablecoins USD Coin (USDC) and Tether (USDT).
Polygon is a blockchain scaling solution designed to enable the widescale adoption of decentralized apps on the Ethereum blockchain. Its native token, MATIC, is currently trading at $2.33, up more than 17% from where it was priced one month ago.
In one particularly large Polygon transaction, an Ethereum whale purchased more than $15.2 million worth of MATIC in a single trade. The