Whales Love Shiba Inu: Top 1,000 Ethereum Wallets Hold $2.36 Billion SHIB

Whales Love Shiba Inu: Top 1,000 Ethereum Wallets Hold $2.36 Billion SHIB
Stock photo of a whale. Richard Sagredo/Unsplash
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The 1,000 richest Ethereum (ETH) wallets hold more than $2.36 billion worth of Shiba Inu (SHIB) combined.

What Happened

According to data from WhaleStats, Shiba Inu is now the top ERC-20 token holding amongst Ethereum whales, excluding ETH itself.

At the time of writing, the top 1,000 ETH wallets held a combined value of $2,365,211,253 which represented 21.18 percent of their overall holdings.