New data shows the world’s largest Ethereum (ETH) whales, worth around $10 million, popular meme coin Shiba Inu (SHIB) It shows you own it.
The latest data shared by WhaleStats shed light on the investment behavior of the 100 richest Ethereum addresses over the stock market.
The whale watching website revealed that the whales in question have an average of 469.2 billion SHIB tokens worth $9,818,431 in Shiba Inu assets. This makes SHIB the largest altcoin investment among Ethereum whales outside of ETH itself.
WhaleStats also reported that in the last 24 hours, deep-pocketed crypto investors have purchased an average of 30,000 SAND tokens for $63,000, putting the virtual world The Sandbox among their preferences.
It is also possible to say that whales are currently interested in the 3D virtual reality world Decentraland (MANA). Because WhaleStats revealed that it is the most widely held crypto asset among whales. Overall, MANA accounts for 2.29% of total whale assets, which is worth $149,809,490.
In addition to Ethereum itself and the stablecoin pegged to a few dollars, among the top 10 investments of mega whales is the FTX Token (FTT), the native asset of the popular FTX cryptocurrency exchange. Deep-pocketed Ethereum wallets hold an average of 226,394 FTT tokens worth $8,898,439.
Wealthy investors are also keen on layer-2 scaling solution Polygon. These market players hold 1,816,554 MATIC with a value of approximately $1,987,571.
Additionally, recently, crypto analytics firm Santiment reported that the wealthiest Ethereum investors started accumulating ETH aggressively after four months of inactivity. Whales holding 1,000 to 10,000 Ethereums suddenly bought a total of 142,000 ETH, the equivalent of around $400,014,000 at the time of writing.
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Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, KoinFinans and the author of this content cannot be held responsible for personal investment decisions.