Over $1.5 Billion in SHIB Owned by Ethereum Whales as Coin is Back on Their Top 10 Holdings List

SHIB

Recent analytics data shows meme token SHIB ranks second among top ten assets held by Ethereum whales

On a recent tweet, on-chain data service WhaleStats has reported that Shiba Inu is now on the list of the top ten coins held by largest 1,000 Ethereum investors.

Furthermore, the number of SHIB investors has reached a new all-time high.

SHIB is the top coin owned by ETH whales, here’s how much they have

As per WhaleStats that collects and shares data on top 1,000 holders on various chains, the second biggest canine crypto by market cap Shiba Inu is back on the list of the top ten coins owned by the largest 1,000 Ether whales.

The number of Shiba Inu held by these crypto investors is $1,591,886,983, which is 54,655,355,431 SHIB tokens. This represents 16.15% of their crypto portfolio as of today, February 12. SHIB is also the largest crypto asset by USD value among the whales’ top holdings.

On this top ten list, Shiba Inu comes second after Ethereum – the whales hold more than $121.4 million worth of it. The average amount of ETH held by these whales constitutes 40,675 coins.

The third largest token here is FTT. His percentage on the whales wallet stands at 16. They hold $1,576,986,146 worth of this cryptocurrency.

As reported by U.Today on Friday, several ETH whales bought a combined $20 million worth of SHIB within just a few hours.

Number of Shiba Inu owners hits new high

The same source provided data on a new milestone reached by the Shiba Inu army. Now, the number of SHIB owners has reached 1,170,231. About two weeks ago, that figure stood at 1,160,123.

The number of SHIB holders has finally managed to surpass that of another trending meme crypto – BabyDoge with its 1,400,001 army of holders.

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