SHIB once again becomes Whales’ largest property and one of most purchased assets

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Youri Molchan

Shiba Inu has once again become the largest holding company for major Ethereum investors

Contents

  • SHIB emerges as whales’ greatest asset
  • Whale catches nearly a billion SHIBs

According to a recent tweet published by on-chain data service WhaleStats, the top 100 whales invested in Ethereum-based tokens have once again accumulated massive amounts of Shiba Inu.

As of this writing, the second largest cryptocurrency meme makes up the largest portion of their portfolio.

SHIB emerges as whales’ greatest asset

The tweet published by the aforementioned data platform shows that Shiba Inu has entered the top 10 most purchased digital assets on the Ethereum chain.

According to this platform’s website, SHIB is also the largest cryptocurrency held by these whales in USD equivalent.

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Whales recently accumulated Shiba Inu and their portfolio now includes 22.35% of this popular token, which equates to $559,974,432.

Among the tokens that sit next to Shiba Inu in the wallet is Chainlink’s native LINK token. At present, it is the most traded ERC-20 token, while BAT is the most widely held token.

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Image via WhaleStats

Whale catches nearly a billion SHIBs

A week ago, U.Today covered that a major Ethereum investor “Gimli” who named his wallet after one of the key dwarf characters in Tolkien’s iconic novel “The Lord of the Rings” acquired a whopping 750 billion SHIB coins, transferring them to his wallet in three transactions of 250 billion coins each.

In total, this investor paid a staggering $8.4 million for this amount of meme coins.

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