March 31, 2023

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The latest cryptocurrency market news for today.

$5.1 Million in ADA Acquired by Largest BNB Wallet: WhaleStats

2 min read

Data published by @WhaleStatsBSC, a blockchain service that tracks data related to BSC-based tokens and whales who hold them, has tweeted that a major BNB investor has bought 5.3 million ADA, the native token of Cardano. This comprises over $5.1 million.


Largest BNB whale grabs 5.3 million ADA

In a tweet published on Feb. 20, @WhaleStatsBSC spread the word that a BNB whale ranked number one by this on-chain crypto data service made an acquisition of 5,367,075 ADA tokens. This amount of Cardano’s crypto is worth $5,106,208.

It should be noted that this is ADA BEP-20 – Cardano’s native token on the BNB Chain. It cannot be sent to an address on the Cardano network but can exist and be exchanged only on the BNB network (previously known as BSC – Binance Smart Chain).

According to the wallet page, this number one BSC whale holds 74.62% of his investment portfolio in BNB, which amounts to a whopping $1,779,663,305.

ADA on the list of most acquired coins by BSC wallets

The aforementioned on-chain data aggregator has also mentioned that ADA BEP-20 is back on the list of coins that have been bought by the largest 1,000 BSC whales more than other tokens.

As per the tweet published on Feb. 20, ADA has been on that list for the past 24 hours. The tweet also says that at the time it was published, the largest BSC wallets held a combined 11,276,770 ADA worth $11,815,034.

Aside from ADA, the 1,000 richest BSC investors now own MATIC ($72,415,106 worth of it), Dogecoin ($46,070,284 of DOGE in fiat), the $39,212,310 equivalent of Polkadot (DOT), $26,252,727 in Shiba Inu meme cryptocurrency, $10,041,167 in LINK, and more.

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