SHIB Returns as Whales’ Biggest Holding; One of Most Purchased Assets

According to a recent tweet from the on-chain data provider WhaleStats, the 100 most giant whales invested in Ethereum-based tokens have once more been assembling enormous amounts of Shiba Inu (SHIB). Most of their portfolio comprises the second-largest meme cryptocurrency as of this writing. JUST IN: $SHIB @Shibtoken is back on top 10 purchased tokens among 5000 biggest #ETH whales in the last 24hrs 🐳 We've also got #FTX Token, $LINK, $AAVE, $SNX & $MATIC on the list 👀 Whale leaderboard: https://t.co/kOhHprRmd1#SHIB #whalestats #babywhale #BBW pic.twitter.com/cU6phk3WLC — WhaleStats (free data on crypto whales) (@WhaleStats) July 16, 2022 Whales’ Most Valuable Resource is SHIB According to the tweet generated by the above data, Shiba Inu has climbed into the top ten list of the most popular digital assets on the Ethereum chain. The platform’s website states that SHIB is the most well-known cryptocurrency these whales hold in terms of its USD equivalent. Shiba Inu has been amassed by whales recently, and as of right now, their overall portfolio holds 22.35 percent, or $559,974,432 worth, of this well-known meme coin. Chainlink’s native token LINK is one of the tokens that Shiba Inu has next to it in the portfolio. While BAT is the most frequently owned token, this is the most actively traded ERC-20 token. Ethereum’s Prominent Investor The whale took around one billion SHIB. A prominent Ethereum investor named “Gimli” chose t...