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Top ETH Whales Still Prefer SHIB as Leading Asset: Details

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Mon, 12/27/2021 - 10:41
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Yuri Molchan
According to figures shared by WhaleStats, among the top ETH 100 whales, SHIB is the most popular asset
Top ETH Whales Still Prefer SHIB as Leading Asset: Details
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As per a recent tweet by WhaleStats, Shiba Inu holds the largest USD position on the wallets of the top 100 ETH whales.

Ethereum whales still buying a lot of SHIB

WhaleStats has analyzed data from the 100 top SHIB holders among these Ethereum whales, offering the results to the public on Twitter.

The average balance of SHIB in these wallets is 2.637 billion, with the average USD value of Shiba Inu being $100,557,537.

Aside from SHIB, the aforementioned whales also hold Ethereum (with an average USD value of $20,643,980 [5,069 ETH]), MATIC (average balance of 2,841,135 worth $8,141,757), OKB, CRO and MANA.

On the list of whales analyzed by the WhaleStats team, the first two biggest wallets hold around $1.5 billion worth of SHIB each (38.1 billion SHIB and 40.5 billion SHIB, respectively. One of them is the wallet called "Light"; earlier this month, U.Today reported that this person added $5 million worth of SHIB to their holdings. Meanwhile, SHIB remains the largest asset among the wallet's crypto holdings.

The rest of the top 10 whales hold approximately 10 billion SHIB on their balance worth approximately $381.4 million.

Related
240 Million SHIB Destroyed at Christmas, 880.9 Million Burned Since Mid-Fall

Anonymous whale buys 11.5 billion SHIB

According to figures shared by the etherscan blockchain tracker, over the past hour, an anonymous whale purchased 11,579,951,397 SHIB tokens. S/he spent $443,280 on it at the current Shiba Inu-USD exchange rate.

Over the past 10 hours, this whale also made several transactions to purchase 14.6 billion SHIB and moved 25 billion meme tokens to other wallets.

A detailed look at this wallet—0x1c17622cfa9b6fd2043a76dfc39a5b5a109aa708—shows that the overall balance of it at the moment is 468,751,459,256 SHIB, worth $17,943,805.

As of this writing, Shiba Inu, the second-largest meme cryptocurrency, is changing hands at $0.00003805. This is still around 55% away from its all-time high of $0.0000862 reached two months ago on Oct. 28.

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Image via etherscan
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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.