Third-Largest Ethereum Whale Just Spent $14 Million on These 3 Altcoins

A single crypto whale has purchased three altcoins worth over $14 million, following several earlier purchases.

Whale Spends $14M on MANA, SAND, and CQT

Ethereum’s third-largest whale wallet, dubbed Light, embarked on another buying spree, adding three coins at a total purchase cost of $14.1 million.

According to data from WhaleStats, a blockchain transaction tracker that keeps tabs on the top richest Ethereum wallet addresses and their activities, Light wallet recently purchased about 642,999 MANA, valued at $1,845,409.

MANA is the native token of the Ethereum-based 3D virtual reality play-to-earn game, Decentraland, and is currently trading at $2.8 per unit.

The whale also bought the native token of the blockchain-based virtual world The Sandbox, adding about 426,000 SAND worth $2,044,800 in the first purchase, and an additional 1,703,978 SAND for a whopping $8,179,094. SAND is currently trading at $4.2 per coin, at the time of reporting.

Lastly, Light wallet bought about 3,090,000 CQT for $2,039,319. CQT is the native token of the Covalent Network, which provides an application programming interface suite that allows developers to pull data from several leading blockchain platforms. It is currently trading at $0.6 per coin.

Not the First Time

The latest purchases made by this whale wallet do not come as a surprise, considering that they previously made similar ones in the past few weeks.

The Light wallet, which currently holds a total value of over $4.3 billion in digital assets, began its latest shopping spree last week.

The whale bought GALA tokens worth over $1.1 million, more than $2.45 million worth of OMG tokens, over $24.1 million worth of LINK, and its largest purchase, Wrapped Bitcoin (WBTC) worth a whopping $86.4 million.

In all, the Ethereum whale has splurged over $128 million in its recent purchases, adding two metaverse tokens and four other crypto assets.

In other news, a single whale bought about 4 trillion SHIB, worth $136 million at the time, within 24 hours.