Retail investors might be leaving in numbers, whales seemingly know what the future holds for the hottest meme token in the market, Shiba Inu (SHIB), as another whale just initiated a massive SHIB purchase worth over $89 million.
It’s also worth noting that Shiba Inu (SHIB) remains the second biggest crypto holding on the top 10 list of 100 biggest Ethereum whales.
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According to the data provided by WhaleStats, the tracker of 5000 biggest Ethereum whales, a whale ranked 216th on the WhaleStats leaderboard has purchased a whopping 3,713,675,424,944 SHIB tokens worth $89,128,210 at the time of acquisition.
WhaleStats tweeted, “An ETH whale just bought 3,713,675,424,944 SHIB ($89,128,210 USD). Ranked #216 on WhaleStats: ”
A closer look into the ETH whale’s wallet shows that the investor is holding SHIB as the biggest coin by USD value.
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WhaleStats provides data on the crypto holdings of the 100 largest investors on the Ethereum blockchain, called whales.
At the time of writing, these Shiba Inu (SHIB) investors hold a total of 53,906,847,868,416 worth $1,284,199,751.
SHIB comes second on the list of the top 10 biggest crypto holdings of these whales after FTT and, therefore, third after Ethereum.
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