Advertisement
AD

Main navigation

SHIB Returns as Whales’ Biggest Holding and One of Most Purchased Assets

Advertisement
Sat, 16/07/2022 - 9:00
SHIB Returns as Whales’ Biggest Holding and One of Most Purchased Assets
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

According to a recent tweet posted by WhaleStats on-chain data service, the 100 largest whales invested in Ethereum-based tokens have again been accumulating massive quantities of Shiba Inu.

As of this writing, the second largest meme cryptocurrency comprises the biggest part of their portfolio.

SHIB emerges as whales’ largest asset

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

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

Whales have been accumulating Shiba Inu recently and now their comprised portfolio contains 22.35 percent of this popular meme token, which is equal to a $559,974,432 worth of it.

Among the tokens that are sitting next to Shiba Inu in the portfolio is Chainlink’s native token LINK. At the moment, this is the most-traded ERC-20 token, while BAT is the most widely held token.

shiba_inu_whalesUSD00wrgf
Image via WhaleStats

Related

Whale grabs nearly billion SHIB

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

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

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Latest Press Releases

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

Popular articles

Advertisement
AD