The cryptocurrency market can be particularly affected by large investors called “whales”. Crypto whale tracking is also possible, as the blockchain is a public ledger that documents users’ activities and crypto balances. Anyone can track any blockchain wallet address and how much they hold. However, it should be noted that it is only possible to determine the real-world identities of the owners of wallet addresses when they make this information public. In this article, we will transfer the coins in the wallet of the whales, two popular meme coins, Shiba Inu (SHIB) and Dogecoin (DOGE).
What do SHIB whales get?
Crypto whales are some of the most influential investors in the crypto space. In fact, they are so important that individuals and instruments track their activity to predict price movements. The biggest SHIB whales are buying the most Ethereum (ETH), according to WhaleStats, the platform that tracks whale movements. The data shows that SHIB blainas are holding around $29.4 million in ETH. After ETH comes the stablecoins USDC and USDT. Whales hold an average of $13.8 million in assets in both.
On the other hand, Polygon’s MATIC token and Chainlink’s LINK token seem to be in the focus of whales. SHIB whales hold $3M MATIC and $1.8M LINK. Whales hold $1.6 million Huobi Token (HT), $1.5 million Decentraland (MANA), $1.3 million The Sandbox (BOX), $1.2 million Gate Token (GT), and $1.1 million Bitpanda Ecosystem Token. So, we can say that metaverse coins, stablecoins and exchange coins are popular in the accounts of SHIB whales.
What do DOGE whales have in their wallets?
So, what are DOGE whales investing in? Again, according to the data of WhaleStats, the largest coin in the hands of DOGE whales was LYO Credit with a value of $ 639 thousand. After LYO, Tether (USDT) came with an amount of 507 thousand dollars. Later, it is seen that DOGE whales have $421,000 ETH and $351,000 BTC. Whales have also invested $328,000 worth of 7Pixels, $209k worth of ZEDXION, and $146k worth of FOF.
Finally, DOGE whales are holding Crypto Shield for $89k, NUGEN for $88,000, and Everdome (DOME) for $80,000. As you can see, SHIB whales are putting more money into the ecosystem. Because while millions of dollars are flowing into the coins bought by Shiba Inu investors, the investments of DOGE whales remain in six figures. cryptocoin.com As we have also reported, DOGE is the largest meme coin by market capitalization, while Shiba Inu comes right after DOGE.
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