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ETH whales “prefer” LINK over MATIC

Follow Data Chainlink (LINK) was recently analyzed by WhaleStats and has surpassed Polygon (MATIC) to become the most traded cryptocurrency among the top 1,000 ETH whales.

Meanwhile, ETH whales continue to buy both LINK and MATIC as both remain on the list of top 10 cryptocurrencies bought.

“LINK has fallen over MATIC aims to become the most traded cryptocurrency of the 1,000 largest ETH wallets. LINK is also among the top 10 best-selling cryptocurrencies and smart contracts in 24 hours.”

LINK and MATIC are often bought by ETH whales

While both MATIC and LINK are among the top 10 most bought cryptocurrencies by top Ethereum whales, LINK has made MATIC the most traded asset so far, according to data provided by WhaleStats.

FTX Token (FTT) remains the most valuable cryptocurrency in the wallets of the top 1,000 Ethereum whales.

WhaleStats says that in the last 24 hours, a total of 386,464 LINKs were bought by Ethereum whales at ranks 140, 141 and 4, of which Whale is the fourth largest. bought 199,999 LINKS worth $3,909.99.

An Ethereum whale with a rating of 158 also bought 2,110,000 MATIC worth $3,523,700.

Additionally, popular cryptocurrency tracker Whale Alert has spotted a number of MATIC transactions much larger than this one. According to recent tweets, 5,824,010 MATIC ($9,934,626) were transferred from Binance exchange to Gemini and 5,225,344 MATIC (worth $9,987,588) from Binance to Bitfinex.

MATIC is trading at $1.54 after falling 8.87% over the past 24 hours. While LINK changed hands at $15.94 down 8.67%.

Source: TradingView

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Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.