{"id":8591,"date":"2022-02-21T19:46:33","date_gmt":"2022-02-21T19:46:33","guid":{"rendered":"http:\/\/egrowonline.com\/?p=8591"},"modified":"2022-02-21T19:46:33","modified_gmt":"2022-02-21T19:46:33","slug":"ethereum-heavyweights-are-accumulating-four-metaverse-altcoins-as-bitcoin-and-crypto-markets-hit-extreme-turbulence","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=8591","title":{"rendered":"Ethereum Heavyweights Are Accumulating Four Metaverse Altcoins As Bitcoin and Crypto Markets Hit Extreme Turbulence"},"content":{"rendered":"


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As the overall markets and Bitcoin (BTC) try to recover from a volatile week of trading, big players in the crypto world are diving into the metaverse.<\/p>\n

Fresh data from whale-watching bot WhaleStats reveals that over the past 24 hours, the top 1,000 Ethereum whales are feasting on Decentraland (MANA), a 3D virtual reality video game. The average purchase was 345 tokens for $998 but one whale splurged<\/a> over $1 million for 375,355 MANA.<\/p>\n

Another metaverse token being snapped up by deep-pocketed investors is play-to-earn blockchain gaming platform Gala Games (GALA). The whales gobbled up an average of 3,171 GALA for $902.<\/p>\n

Whalestats reports<\/a>,<\/p>\n

\u201cGALA flipped MATIC [Polygon<\/a>] to be most traded token by 1,000 biggest ETH whales in the last 24 hrs.<\/em><\/p>\n

The top 1000 ETH whales are hodling 654,797,325 GALA [worth] $182,806,252.\u201d<\/em><\/p>\n

At time of writing, Decentraland<\/a> is up over 2% and trading for $2.77, while GALA<\/a> is trading sideways at $0.25.<\/p>\n

\"\"
Source: WhaleStats\/Twitter<\/figcaption><\/figure>\n

Fellow metaverse altcoin The Sandbox is also being devoured by ETH whales as their average transaction sees them spending $639 for 182 SAND. The Sandbox<\/a> is down 1% on the day to $3.21 at time of writing.<\/p>\n

The final metaverse token on the WhaleStats list is Enjin Coin, whose crypto asset ENJ serves the utility token for non-fungible tokens (NFTs) within its ecosystem.<\/p>\n

Whales shelled out an average of $258 for 155 ENJ. Enjin Coin<\/a> is down less than half a percent to $1.53 at time of writing.<\/p>\n

The whale-tracker also notes<\/a> that two of the aforementioned metaverse projects also appear on the top-10 most used smart contracts over the past day, with GALA in 4th place and SAND rounding out the list.<\/p>\n

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Source: WhaleStats\/Twitter<\/figcaption><\/figure>\n

King crypto Bitcoin<\/a> has recovered from an overnight low of $37,557 after dumping nearly $2,000 in a matter of hours. Currently, BTC is up 1.53% and trading for $38,903.<\/p>\n

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n

Featured Image: Shutterstock\/Dotted Yeti\/Natalia Siiatovskaia<\/em><\/span><\/p>\n<\/p><\/div>\n


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As the overall markets and Bitcoin (BTC) try to recover from a volatile week of trading, big players in the crypto world are diving into the metaverse. Fresh data from whale-watching bot WhaleStats reveals that over the past 24 hours, the top 1,000 Ethereum whales are feasting on Decentraland (MANA), a 3D virtual reality video […]<\/p>\n","protected":false},"author":1,"featured_media":8592,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[42],"tags":[2529,200,50,62,158,3000,5410,133,89,67,5411],"class_list":["post-8591","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-accumulating","tag-altcoins","tag-bitcoin","tag-crypto","tag-ethereum","tag-extreme","tag-heavyweights","tag-hit","tag-markets","tag-metaverse","tag-turbulence"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/02\/ethereum-heavyweights-accumulating.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/8591","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8591"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/8591\/revisions"}],"predecessor-version":[{"id":8593,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/8591\/revisions\/8593"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/8592"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8591"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}