Data from WhaleStats indicates that whales are accumulating the crypto assets, Polymath (POLY), layer-2 scaling solution Polygon (MATIC), Shiba Inu (SHIB), Convex Finance (CVX), CurveDAO Token (CRV) in the last 24 hours. These tokens rank among the top ten purchased among the top 1000 ETH wallets, WhaleStats indicates.
Data shared by blockchain data tracker indicates that major Ethereum whale “Light,” who also holds more than a mind-blowing 36 trillion of Shiba Inu in his portfolio, acquired a large amount of another cryptocurrency.
Ethereum whale “Light” ranked third out of the 1,000 largest ETH wallets, has bought 4,530,000 Loopring (LRC)—the 78th cryptocurrency, according to CoinMarketCap.That amount of LRC is equal to $3,949,226
Also, another crypto whale recently increased its holdings with a recent acquisition. The whale ranking 30th out of the top 1,000 ETH wallets tracked by the blockchain data tracker has purchased 2,810,227 POLY, according to a recent tweet. That is the equivalent of $1,170,285.
Bitcoin rose to intraday highs of $40,960 for the first time since Jan. 21, in a shift from the bearish mood. At the time of publication, BTC was trading at $40,590, up 10% in the last 24 hours as per to CoinMarketCap data. Bitcoin has managed to stage sharp recovery after dipping earlier today due to unexpectedly strong U.S. jobs data. Ethereum is also up 12.63%, inching closer to the $3,000 level.
In the last 24 hours, several altcoins are notching gains between 6% and 20% as the crypto market rebounds.
A crypto analyst, Pentosh1 notes that the $40,700 has defined Bitcoin’s price trend in the last 2 years. He notes that it may be time for investors to pay attention to Bitcoin.
”Just like that, we are back to the magical 40.7k zone. The range that has defined the entire trend for the last 2 years for $BTC.It would be fair to assume there’s a battle here as that’s been the case in the past + confluence. If not long already, then best to wait”.
He continues, ”BTC 40.7k-42k. Okay. Time to pay attention BTC. Gain this level and its lights on. Need 3D close above”.
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