$6.6 Million in LUNA Grabbed by Top ETH Whale: Report

Yuri Molchan

Big Whale Bought a Big LUNA Nuggets, While the Cryptocurrency Is on the List of the Top Ten Assets Purchased

WhaleStats crypto tracking service has announced that Terra (LUNA) is gaining popularity among the top 5,000 whales, along with SHIB and FTT.

LUNA has become one of the most purchased cryptocurrencies. In addition, an anonymous whale has acquired nearly $6.6 million from this coin.

Terra is one of the 10 most bought assets

According to a report shared by WhaleStats, the largest 5,000 Ethereum investors have actively purchased Terra (LUNA) in the past twenty-four hours. The seventh largest digital currency has entered the top ten most bought tokens.

The crypto tracker’s website shows that number 6 spot, along with yearn.finance (YFI) and several popular US dollar-backed stablecoins – TUSD, USDT, USDC and BUSD.

However, LUNA is not on the list of the top ten cryptos, unlike SHIB, FTX Token (FTT), USDT, etc.

Top ETH whales have $1,442,428,050 in SHIB (16.1 percent of their portfolio) and $1,470,747,535 in FTT – 16.65 percent of their crypto holdings.

Top 7 whale buys 80,000 LUNA

WhaleStats has also spread the word about an anonymous ETH whale, ranked 7th by this data platform, who bought a whopping $6,608,800 worth of LUNA – 80,000 tokens.

However, the webpage of this whale’s wallet shows no LUNA holdings at the time of writing.

This whale mainly FTX Token, Ethereum, RON, USDT and USDC.

FTT is the largest currency in the US dollar position to date. The FTT stock of this wallet totals $1,364,196,990 – 41.94 percent of the wallet.

FTX Begins Supporting Terra UST

As previously reported by U.Today, the US-based FTX crypto trading giant has added support for Terra’s algorithmic stablecoin – UST. That was announced on March 6.

Currently, UST is the largest decentralized stablecoin by market cap value. Earlier in March, Terra made the decision to increase UST’s offering by a whopping $450 million in fiat equivalent.

Meanwhile, Terra’s price has climbed to $82.72. Earlier today, the coin struggled to hold onto the $80 price.

Terra users have been quite active lately as they have increased the amount of LUNA locked in Terra based decentralized applications over the past month. The amount of TVL (total value locked) includes $22 billion.

Leave a Reply

Your email address will not be published.