GALA Coin Enters Top 10 Tokens Bought By ETH Whales; Price Up By 16%

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GALA has become one of the top coins preferred by the biggest Ethereum (ETH) whales. According to WhaleStats, the Gala token has made into the top 10 coins purchased by the 100 largest wallets in the last 24 hours. Accumulation by whales has led the coin to register a surge of over 141% in its 24-hour trading volume.

ETH whales accumulate GALA

The top 100 Ethereum wallets are worth an average of $1.88 billion and have an average of 154,585 ETH, 224 tokens, and 4 NFT.

As per WhaleStats, GALA is ranked at the sixth position among the top 10 coins purchased by the ETH whales in the last 24 hours. While The coin has also made it to the list of 10 biggest coins bought by the same wallets in the last 7 days. It is positioned at the eighth spot.

GALA holdings by Eth Whales
Source: WhaleStats

Earlier, an Ethereum whale added $8.82 million worth of 29,999,999 Gala tokens, reports WhaleStats. Meanwhile, as we dig in, it looks like the biggest wallets are buying and selling the Coin equally. GALA coins can also be seen in both lists of the top 10 sold tokens in the last 24 hours and 7 days.

The largest of the ETH wallets holds over $50 million worth of GALA coins which makes just 0.52% of the total holdings excluding ETH. However, the FTX token is the largest coin held by the whales. They own over $1.85 billion worth of FTX coins which makes 19.36% of the total holdings.

GALA prices jumps by 16% 

The GALA has registered an explosive surge of over 16% in the last 24 hours. While its 24-hour trading volume of $940,534,234 has surged by over 140%. The coin is trading at an average price of $0.288, at the press time. According to CoinMarketCap, GALA is placed at the 58th spot with a total market capitalization of over $2.01 billion.

Source: CoinMarketCap

Ashish believes in Decentralisation and has a keen interest in evolving Blockchain technology, Cryptocurrency ecosystem, and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he is not writing, he is playing video games, watching some thriller movie, or is out for some outdoor sports. Reach me at [email protected]
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