Ethereum

Wrapped Bitcoin

Bitcoin

USDC

Chainlink

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 <p>A single crypto whale has gobbled up nearly $53 million worth of Ethereum (ETH) and Wrapped Bitcoin (WBTC) since December 21st, according to the blockchain tracker Lookonchain.</p>
 <p>Lookonchain notes that the whale spent 20 million of the stablecoin USDC earlier this week to buy $10 million worth of ETH and $10 million worth of WBTC.</p>
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 <p>USDC is the second-largest stablecoin by market cap and aims to maintain a 1:1 peg to the US dollar.</p>
 <p>Since December 21st, the whale has purchased a total of 13,843 ETH, at an average price of $2,388, and 461 WBTC at an average price of $43,168.</p>
 <p>WBTC is an ERC-20 token pegged to the price of Bitcoin (BTC), allowing traders to speculate on Bitcoin while staying within the Ethereum ecosystem. The 17th-ranked crypto asset by market cap is trading at $43,530 at time of writing. ETH is trading at $2,411 at time of writing.</p>
 <p>A mysterious crypto whale or institution also appears to have recently been accumulating the native asset for decentralized oracle network Chainlink (LINK), according to Lookonchain.</p>
 <p>The crypto tracker reports that the whale or institution withdrew 2,745,815 LINK worth $49.9 million from the top crypto exchange Binance via 49 new wallets.</p>
 <p>LINK is trading at $18.47 at time of writing. The 13th-ranked crypto asset by market cap is up more than 18% in the past seven days and more than 28% in the past month.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/whale-rapidly-accumulates-nearly-53-000-000-worth-of-ethereum-and-wrapped-bitcoin-lookonchain-tbt79332.html">https://thebittimes.com/whale-rapidly-accumulates-nearly-53-000-000-worth-of-ethereum-and-wrapped-bitcoin-lookonchain-tbt79332.html</a></p>

Whale Rapidly Accumulates Nearly $53,000,000 Worth of Ethereum and Wrapped Bitcoin: Lookonchain

TheBitTimes

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