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Ethereum Whales Are Accumulating Shiba Inu (SHIB)?

Ethereum Whales Are Accumulating Shiba Inu (SHIB)?

  • Shiba Inu holds the first position on the leaderboard with 496 billion SHIB.
  • Recent transaction in SHIB was by BlueWhale0298 with 808,270,322 SHIB.

The top 100 whales having Ethereum (ETH) wallets are holding more ETH, USD Coin (USDC), and Tether (USDT), followed by Shiba Inu (SHIB). As per the data from WhaleStats, among the top 10 holdings, three stablecoins can be witnessed.

Top 10 ETH Whale Holdings (Source: WhaleStats)

If the number of tokens is taken into consideration, the first position in the leaderboard is held by Shiba Inu with 496 billion SHIB. But the highly valued asset in the list is ETH with an average amount of $51 million. USDC and USDT are both in the $7 million level.

Average number of whale buyers accounts for 24, whereas the seller’s approximate count is 27. The margin between sell and buy volume is very minimal, $52 million. In the total 1227 transactions on the 17th of March, $561,247,274 was invested.

Shiba Inu marks to be the “most traded token” as well as the “biggest token position by dollar value”. The most recent transaction in SHIB was by BlueWhale0298 with 808,270,322 SHIB. Also, ETH whales bulked in and out of Pax Dollar worth $25 million in the last 24 hrs.

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Read more: https://thenewscrypto.com/ethereum-whales-are-accumulating-shiba-inu-shib/

Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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