Top Ethereum Whales Now Hold 18.2 Trillion SHIB Tokens worth Around $2.7 Billion

According to WhaleStats, the tracker of the activity of 1000 biggest Ethereum whales in the Shiba Inu ecosystem, top ETH whales have continued their SHIB accumulation spree with no signs of slowing down anytime soon.

Based on the report, top 1000 Ethereum whales now collectively hold 18.2 trillion SHIB tokens worth relatively $2.7 billion at current prices.

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WhaleStats tweeted, “BREAKING: Value of $SHIB @Shibtoken held by the top 1000 #ETH whales just reclaims $2B. Specifically $2,761,646,130 (18,260,127,622,912 #SHIB).”

CoinDesk 20 Ranking: Shiba Inu (SHIB) Claims Fifth Position

Shiba Inu (SHIB), the hottest meme token in the market, made the list of top 20 cryptocurrencies by trading volume on trusted crypto exchanges, in the third and fourth quarters of 2021.

CoinDesk, one of the largest crypto news websites, published the list on Feb. 15. It should be noted that Shiba Inu claimed the fifth position on the list, with a volume of $62.16 billion on trusted exchanges.

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CoinDesk describes the list and Shiba Inu (SHIB) as follows:

“The CoinDesk 20 is a list of the top cryptocurrencies by volume, as measured on a select list of trusted exchanges. The list is reconstituted quarterly, using data observed over the prior two quarters…

“Shiba Inu token (SHIB) is a variation on dogecoin. Both are meme coins, their value based on the virality and attractiveness of images and catch phrases associated with a cryptocurrency.”

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