Shiba Inu Whales Go Crazy: Is Ascension Coming?

According to data from on-chain data provider WhaleStats, the top 100 whale wallets investing in Ethereum-based tokens are insane shiba inu (SHIB) continues to accumulate. At the time of writing, the popular meme coin SHIB made up the largest portion of the portfolios in these wallets.

Shiba Inu Whales Continue to Accumulate

WhaleStatsAccording to the data provided by , it can be clearly seen that Shiba Inu is one of the most purchased assets on the Ethereum chain. According to the data, SHIB is also the most valued asset in USD by these whales.

Whales have been accumulating Shiba Inu lately, and their portfolio now shows that this popular meme coin has a 22.35% rate. The total value of the tokens in this portfolio is $559,974,432.

Among the tokens in the portfolio alongside Shiba Inu is Chainlink’s native token LINK. Currently the most traded ERC-20 token, while BAT is the most widely held token.

shiba inu

As Koinfinans.com previously reported, a major Ethereum investor who named his wallet after one of the key dwarf characters of Tolkien’s iconic novel “The Lord of the Rings” has purchased 750 billion SHIB tokens from “Gimli”. The wallet completed this purchase in three transactions, each containing 250 billion tokens. The wallet owner spent $8.4 million on this investment.

You can follow the current price action here.

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.


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