Whales Grab 8.7 Trillion Shiba Inu in Past Week, SHIB Now Their Biggest Holding

$128 million in ShibaInu bought by the largest $SHIB whales over the past week. WhaleStats whale_alert

This has propelled the second largest meme canine token by market cap size to the top spot on the list of Ethereum whales' holdings.WhaleStats on-chain data aggregator, which tracks major wallets on several blockchains, including Ethereum and BNB Chain, has published data showing that since Feb. 1, the 100 largest Ethereum investors have grabbed another massive chunk of meme crypto.

The U.S. Dollar equivalent of Shiba Inu held by them has jumped from roughly $599 million to $728,981,399. The new figure in fiat constitutes 8,749,145,591,250 Shiba Inu coins. This is 18.5% of their comprised portfolio. SHIB now sits here in second place after Ethereum and is followed by stablecoins USDT and USDC . Thus, SHIB is now the largest crypto asset in USD equivalent held by these wallets. Currently, it is also the most-traded token by the top whales on Ethereum.

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