Whales Are SHIB and HODL These Altcoins!

Offering on-chain data, WhaleStats relays recent transactions for the top 1,000 Ethereum (ETH) whales and shares which altcoin is most in whales’ focus. In a recent tweet, WhaleStats reported that the popular meme coin Shiba Inu (SHIB) is among the top 10 coins held by the top 1,000 Ethereum investors. So, what other coins are on the list? cryptocoin.com We are giving the details as…

WhaleStats shared coins held by whales: SHIB is also on the list

WhaleStats reports that Shiba Inu (SHIB) is currently among the top ten cryptocurrencies with the top 1,000 Ethereum investors, aka whales. Meanwhile, the number of investors of the meme coin reached a record high. According to WhaleStats, the second largest meme coin by market cap, SHIB, has not been on the whales list for a while. However, it’s back.

The total number of Shiba Inu held by these major cryptocurrency investors called whales has risen to 54,655,355,431 SHIB tokens, or $1,591,886,983. This means that SHIB weighs 16.15 percent of whales in their cryptocurrency portfolios. SHIB stands out as the biggest investment in terms of dollar value.

Exchange tokens are among the most invested altcoins by whales

In the aforementioned list, SHIB comes second after Ethereum. Whales holds $121.4 million in Ethereum, with an average holding of 40,675 coins. The third largest token held by whales was FTX Token (FTT), the token of the FTX exchange, with 1.5 million. This was followed by stablecoins USDC and USDT, which are pegged to the US dollar. In sixth place is OKEx’s utility token OKB.

OKB is followed by Bitpanda Ecosystem Token (BEST). Eighth is Crypto.com’s CRO token. That is, it is possible to say that whales generally invest in tokens issued by exchanges. Finally, Decentraland (MANA) ranks ninth with $304 thousand, and Polygon (MATIC) ranks last in the list of coins preferred by whales with $230,000 tokens.

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