Massive Polygon and Shiba Inu Whale are quietly accumulating Ethereum-based AI and gaming projects
One of the largest Polygon (MATIC) and Shiba Inu (SHIB) whales on record is now bringing together a pair of Ethereum-based altcoin projects.
The whale in question holds the keys to the 94th largest Ethereum (ETH) wallet on record, worth around $132,163,000 at publication.
The whale’s top holdings include $22.9 million in Ethereum (ETH), $21.6 million in Polygon (MATIC), $11.3 million in Tether (USDT), and $10.3 million in Shiba Inu (SHIB).
But in the last day, the whale has turned its attention to two more altcoins – the first being the Ethereum-based gaming project Gala (GALA).
In the last 24 hours the whale has added 13,999,975 GALA worth $573,998 at press time to its holdings.
Gala is primarily a gaming platform focused on creating token-based in-game economies and allowing players to truly own in-game items.
The platform’s native token, GALA, rose to a peak of around $0.06 late last month and has since retreated to $0.04 at press time.
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 his 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 work more efficiently.
FETCH has risen sharply in the past month, riding a wave of AI hype. The coin has risen 60% in the past 30 days, to $0.38 at press time.
The whale has continued to increase its Polygon (MATIC) holdings in recent days, accumulating another 799,998 MATIC worth $935,997.
The whale also has 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
