The largest whales on the Ethereum (ETH) network are jumping into a series of different altcoins associated with the metaverse sector over the last seven days, according to blockchain tracking service WhaleStats.
As per WhaleStats’ on-chain data, virtual world The Sandbox (SAND) is currently by far the most purchased metaverse altcoin among Ethereum’s top 5,000 whales in the last seven days.
is up over 10% in the last seven days and remains at a steep 86% discount from its all-time high of $8.40.
In the second spot after SAND is Apecoin (APE), the crypto asset airdropped to members of the Bored Ape Yacht Club (BAYC) non-fungible token community.
The biggest 5,000 ETH whales have made an average purchase amount of 81 APE, worth about $390 in the past seven days.
Close behind Apecoin is metaverse project Decentraland (MANA). Ethereum whales are dipping into at an average purchase amount of 372 tokens worth about $327 at time of writing. Similar to its competitor SAND, MANA is down 85% from its all-time high but is up on the week to the tune of 4%.
Also appearing on the top 10 most purchased tokens list for deep-pocketed ETH investors is Ethereum-based blockchain gaming network Enjin Coin (ENJ). the fifth most purchased metaverse token of the last seven days, is trading for $0.514 at time of writing, an over 8% increase on the week.
Behind ENJ is Axie Infinity (AXS), an Ethereum-based play-to-earn (P2E) gaming altcoin. AXS is currently trading for $14.44, up 3% on the week but a staggering 91% discount from its all-time high.
Appearing in tenth spot is Yield Guild Games (YGG), a game guild decentralized autonomous organization focused on earning yield through blockchain-based games and metaverse investing.
YGG is up 4% on the week, currently trading at $0.77.
