According to onchain data, top Ethereum (ETH) whale addresses are currently worth more than $600,000,000 in meme tokens. shiba inu (SHIB) is holding.
Crypto Whale-watching site WhaleStats has found that the top 2,000 ETH holders have accumulated around 56 trillion SHIB.
Its rival Dogecoin (DOGE) is trading at $0.00001083 at the time of writing.
The next top investment for ETH whales is blockchain scaling solution Polygon (MATIC), which holds more than $167.7 million in their accounts.
The third favorite investment of ETH whales is the Bitpanda Ecosystem Token (BEST), the token of the crypto, equities and precious metals investment platform.
The first 2,000 whales have BEST of more than $155.9 million. BEST is trading at $0.368 at the time of writing and is up 1.3% in the last 24 hours.
Next on the list is Chainlink (LINK), with 2,000 ETH whales worth more than $149 million in the decentralized oracle service’s token. Cross crypto exchange SwissBorg (CHSB) ranks next in top ETH accounts with whales amassing more than $131 million in tokens.
Other digital assets that whales have accumulated include decentralized exchange (DEX) Uniswap (UNI), scaling solution Locus Chain (LOCUS), and gaming metaverse Decentraland (MANA).
The Shiba Inu project recently revealed that the ecosystem is similar to Polygon. Ethereum celebrated the long-awaited launch of Shibarium, the new layer-2 network built on Shibarium is currently operating in the beta testnet phase.
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