According to the information obtained by WhaleStats; The altcoin project, the biggest investment of Ethereum whales, is Gala. WhaleStats revealed the current spending habits of the top 1000 Ethereum addresses over the exchange.
These Ethereum wallets show positive entries of stablecoin Tether (USDT), followed by leading smart contract platform Ethereum (ETH). After that, WhaleStats is reporting big listings for Gala (GALA), an Ethereum-based win-to-play (P2E) altcoin project that has risen in value following a recent listing on Coinbase.
The biggest stand-alone transaction of play-and-win altcoin project GALA was the purchase of 9,999,911 GALA worth approximately $4 million by a whale known as “Light”. Data from WhaleStats over the past 24 hours shows that the average Tether (USDT) purchase is $121,862, the average ETH purchase is $54,745, and GALA's average whale purchase is $47,886.
Apart from the Gala, Whales also made smaller purchases of Wrapped Bitcoin (WBTC) pegged to the BTC price, virtual reality platform Decentraland (MANA) and memecoin Dogelon Mars (ELON).
The Gala Games team aims to create an ecosystem of blockchain-based play-to-win games. While five games are under development on the platform to date, the game Town Star is now playable in beta form. This altcoin project, which we have heard frequently in recent days, ranks 65th in terms of market ranking.