- Shiba Inu (SHIB) seems to be the first choice for the Ethereum (ETH) Whales as the token has surpassed FTX token by largest holdings.
- The FTT token of the FTX exchange has been the top holding among the Ethereum whales for quite some time now.
- Shiba Inu (SHIB) is currently trading at $0.00002519 and is up by 4.13% in the last twenty-four hours.
The popular cryptocurrency Shiba Inu (SHIB) has become the most popular digital asset among the largest Ethereum investors globally. This was signified after one of the prominent Ethereum whales purchased a massive amount of SHIB.
This massive accumulation was initially found by WhaleStats, the blockchain monitoring firm, as the entity by the name BlueWhale0073 accumulated over 220 Billion SHIB, which equates to over $5,789,999.
ETH whale "BlueWhale0073" just bought 223,761,580,609 $shib ($5,781,999 USD).
Ranked #5 on WhaleStats: https://t.co/RBupemZyZX
Transaction: https://t.co/v2U1IdkLjN#SHIB #ShibArmy
— WhaleStats – BabyWhale ($BBW) (@WhaleStats) April 15, 2022
At the time of writing, the whale’s wallet is worth $4,657,848,480. The FTT token of the FTX exchange has been the top holding in the Ethereum whales for quite some time now.
And currently, SHIB is at the top position of all the holdings as the holders have around 14% currently. FTX Token is now in the second position.
This Ethereum-based meme coin is a recently emerged cryptocurrency created in 2020. The Shiba token is widely considered an alternative to Dogecoin, “the Dogecoin Killer,” as its proponents and its website claim it to be. Despite being a meme currency, SHIB has made a significant position in the crypto space.
The token remains to stand among the top fifteen cryptocurrencies by market cap. At the time of writing, the token is trading at $0.00002519 with a market cap of $13,832,897,223.
ALSO READ: Is there No Chance of Spot Bitcoin ETF Approval? VanEck CEO Think So
Source: https://www.thecoinrepublic.com/2022/04/19/large-eth-investor-get-its-hands-on-220-billion-shib/