ICYMI: top Ethereum whale buys 110,000 $LUNA as Terra returns to the top 10 purchased assets by whales $ETH TerraLUNA
The second transaction was reported simultaneously with the first, and it involved a purchase of 55,000 LUNA, or $4,700,300 worth.indicates that the whale bets mostly on FTT owning 22,587,360 FTT tokens valued at $879,138,240. The whale, or large holder, is also a SHIB investor owning 19 billion SHIB valued at $424,127.
The whale's holdings comprise several crypto assets in large amounts, including a massive 14,374,323 Fantom holding worth $11,396,315. However, the LUNA balance held by the top whale only reflected the first purchase, suggesting that the whale might have traded off the other purchase batch of 55,000 LUNA tokens.
LUNA's price has held up rather well this year, although most cryptocurrencies have struggled. Terra's LUNA and algorithmic stablecoin UST have risen to the top 10 largest cryptocurrencies in terms of market capitalization.
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