Cryptocurrency

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

According to the data provided by WhaleStats, the biggest Ethereum whales have not shown any sign of disinterest in the hottest meme token in the market at the moment, Shiba Inu (SHIB). They have consistently been grabbing the digital currency despite that it has not massively led the market trend in recent months.

Going by the data provided by WhaleStats, Shiba Inu (SHIB) is still the most traded cryptocurrency by the 1000 biggest Ethereum whales.

Read Also: Ethereum Founder Vitalik Buterin Just Proved He’s A Big Time Shiba Inu (SHIB) Supporter

The data shows that the top 1000 Ethereum Whales now hold $2,291,902,599 SHIB. FTT is the second-largest holding with $1,478,850,928 worth of FTX tokens, followed by BEST with $373,664,176 worth of BEST tokens.

Ethereum Whale Buys 47,743,646,900 SHIB

Whales have continued to seize the opportunity of the current market trend to purchase more SHIB tokens, hoping to greatly benefit once the market starts a positive trend.

As reported by WhaleStats, an Ethereum whale ranked 15th among the 1000 biggest ETH whales purchased 47,743,646,900 SHIB worth $1,275,710 at the time of the transaction.

Read Also: Shiba Inu Devs Announce Launch of DoggyDAO. Here’s Why This Is Important

WhaleStats tweeted, “An ETH whale just bought 47,743,646,900 SHIB ($1,275,710 USD). Ranked #15 on WhaleStats.”

At the time of filing this report, SHIB is trading at $0.00002363.


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Solomon Odunayo

Solomon is a trader, crypto enthusiast, and analyst with over seven 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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