Cryptocurrency

100 Biggest ETH Whales Are Grabbing Shiba Inu Dip; Top 1000 ETH Whales Now Hold 59.2 Trillion SHIB Tokens

Shiba Inu (SHIB), the second-largest meme token in the market, continues to be one of the top choices for crypto whales, especially Ethereum bag holders.

Ethereum whales have maintained the custom of purchasing SHIB tokens on a daily basis.

According to WhaleStats, Shiba Inu is one of the top 10 most purchased tokens by 100 biggest Ethereum whales in the last 24 hours.

Read Also: AMC Theaters CEO Announces Date to Activate Dogecoin and Shiba Inu Payments

As shown in the report tweeted by the on-chain whales’ activity tracker, SHIB occupies the eighth position on the list, with the purchase of 647,408,355 SHIB tokens in the last 24 hours.

USD Coin (USDC), Tether (USDT), and Ethereum (ETH) occupy first, second, and third positions, respectively.

Shiba Inu (SHIB) Is the Second-Highest Coin Purchased By 1000 Biggest Ethereum Whales

According to the data provided by WhaleStats, Shiba Inu (SHIB) currently occupies the second position among the most purchased coins by 1000 biggest Ethereum whales.

Read Also: Shiba Inu Remains Most Traded Coin by Biggest Ethereum Whales Following New 47 Billion SHIB Purchase

Ethereum whales, led by the wallet known as “Light”, have managed to collectively garner 59,239,800,292,787 SHIB (59.2 Trillion SHIB) worth $1,461,583,218 ($1.46 billion), which is 16.46% of ETH whales’ position.

Source: WhaleStats

Shiba Inu (SHIB), which peaked at around $0.00002523 yesterday, has since dipped to a low of $0.00002324 in the last 24 hours, giving whales the opportunity to grab more before the much-anticipated massive surge.


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Solomon Odunayo

Solomon is a trader, crypto enthusiast, and analyst with over four years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.

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