Advertisement
AD

Main navigation

SHIB Flips FTX to Be Biggest Token Position by USD Value Among Top ETH Whales

Advertisement
Thu, 27/01/2022 - 9:40
SHIB Flips FTX to Be Biggest Token Position by USD Value Among Top ETH Whales
Cover image via stock.adobe.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News
Contents
Advertisement

SHIB and FTT keep flipping each other as the largest token by dollar value by the top 1,000 ETH whales. SHIB has surpassed FTT coin this time.

Besides, the number of wallets holding SHIB has reached a new record, surpassing 1.160 million.

ETH whales again betting on SHIB

WhaleStats has reported that Shiba Inu meme cryptocurrency has overtaken FTT (the native token of the FTX exchange) as an asset that constitutes the biggest USD value in the wallets of the top 1,000 Ethereum whales.

The total holding value of SHIB in USD constitutes a whopping $1,665,876,442.

However, the data shared in the tweet has changed quite fast, and FTX is now back above SHIB. The amount of FTX held by the top 1,000 Ethereum whales totals 15.51% worth $1,298,234,838 (the second largest holding after Ether).

As for SHIB, the percentage held by ETH whales is 13.66%, and it amounts to $1,143,412,179.

Related

SHIB holder number hits new record

WhaleStats has also reported that the number of people holding Shiba Inu has reached a new record figure of 1,160,123.

According to data shared on Twitter, the largest 1,000 ETH whale wallets now hold a staggering 55,732,495,492,864 SHIB tokens, which is equal to $1,202,858,432 in fiat currency.

156.3 million SHIB burned in past three days

The Shiba Inu community keeps removing SHIB from circulation. Per data shed by Etherscan, over the past three days, 156.3 million tokens have been permanently locked in a non-spendable wallet for good.

The largest transfers that burned SHIB carried 30,000,000 and 20,000,000 tokens.

Over the past 24 hours, 88,883,275 SHIB were incinerated, according to data shared by Twitter account @shibburn. It took 11 transactions.

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD