Massive Polygon and Shiba Inu Whale Quietly Accumulating Ethereum-Based AI and Gaming Projects
One of the largest Polygon (MATIC) and Shiba Inu (SHIB) whales on record is now accumulating a pair of Ethereum-based altcoin projects.
The whale in question holds the keys to the 94th-largest Ethereum (ETH) wallet on record, worth about $132,163,000 at time of publishing.
The whale’s top holdings include $22.9 million of Ethereum (ETH), $21.6 million of Polygon (MATIC), $11.3 million in Tether (USDT) and $10.3 million of Shiba Inu (SHIB).
But in the last day, the whale has turned its attention to two additional altcoins – the first being the Ethereum-based gaming project Gala (GALA).
In the last 24-hours, the whale added 13,999,975 GALA worth $573,998 at time of publishing, to its holdings.
Gala is primarily a gaming platform that’s focused on creating in-game token-based economies and allowing players to truly own in-game items.
The platform’s native token, GALA, spiked to a high of about $.06 late last month, and has since retraced to $0.04 at time of publishing.
The whale is also accumulating the artificial intelligence-focused crypto asset Fetch.AI (FETCH).
In the last day, the whale added 1,500,088 FETCH worth $570,033 to its massive wallet.
Fetch.ai aims to be a decentralized machine learning system that helps financial services, smart cities, gig economies and a myriad of other applications operate more efficiently.
FETCH has soared in the last month, riding a wave of AI hype. The coin is up 60% in the last 30 days, at $0.38 at time of publishing.
The whale has continued to add to its Polygon (MATIC) holdings in recent days, accumulating an additional 799,998 MATIC worth $935,997.
The whale also holds large amounts of ApeCoin (APE), Quant (QNT), Chainlink (LINK), Decentraland (MANA), and The Graph (GRT).
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Featured Image: Shutterstock/Athitat Shinagowin/Sensvector
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