a month ago 1 min read

Shiba Inu Whale and Massive Polygon Quietly Amassing Ethereum-Based AI and Gaming Projects


One of the biggest Shiba Inu (SHIB) and Polygon (MATIC) whales ever is currently acquiring two Ethereum-based cryptocurrency projects.

The 94th-largest Ethereum (ETH) wallet on record, valued at about $132,163,000 at the time of publication, is controlled by the whale in question.

The whale's biggest holdings are Shiba Inus worth $10.3 million, $22.9 million in Ethereum (ETH), $21.6 million in Polygon (MATIC), and $11.3 million in Tether (USDT) (SHIB).

The whale has, however, recently focused on two other altcoins, the first of which is the Gala gaming project built on Ethereum (GALA).

The whale increased its holdings in the past day by 13,999,975 GALA, which are currently worth $573,998.

Gala is primarily a gaming platform dedicated to building token-based in-game economies and enabling users to really own in-game goods.

Late last month, the platform's native token, GALA, reached a high of roughly $.06; as of the time of publication, it has since retraced to $0.04.

The crypto asset Fetch.AI, which focuses on artificial intelligence, is also being accumulated by the whale (FETCH).

The whale has added 1,500,088 FETCH, totaling $570,033, to its huge wallet.

The goal of Fetch.ai is to create a decentralized machine learning system that improves the efficiency of financial services, smart cities, gig economies, and a wide range of other applications.

A wave of enthusiasm surrounding AI has helped FETCH soar over the past month. The price of the coin is $0.38 at the time of publication, up 60% over the past 30 days.

In recent days, the whale has added to its holdings of Polygon (MATIC), increasing them by 799,998 MATIC, totaling $935,997.

The whale also has significant holdings of The Graph, Chainlink, Quant, ApeCoin, and Decentraland (GRT).

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