These major SHIB holders continue to acquire large amounts of Shiba Inu, while the coin keeps showing signs of recovery
WhaleStats Data Service tweeted that over the past day, two large Ethereum whales, who already own huge amounts of Shiba Inu, each bought another big chunk of SHIB. In total, these purchases amount to 105.7 billion tokens.
Meanwhile, the second biggest meme cryptocurrency continues to go up.
Top investors acquire $2.5 million in SHIB
According to recent reports from data aggregator WhaleStats, over the past day two large Ethereum whales, which already hold millions of SHIBs, have added more of these tokens to their crypto wealth.
On February 25, Ethereum whale number one per the scale of WhaleStats named “Light” grabbed 49,998,916,299 Shiba Inu tokens. That comprises $1,211,473 in fiat. This investor now holds a total of $866,896,450, which is 12.4 percent of their crypto portfolio. SHIB is the fourth largest of their crypto holdings.
The rest of this whale’s crypto is held in RON and tokens tied to McDonalds, YouTube, and Google.
The second investor who has increased their SHIB stash is ranked 11 by WhaleStats. They have acquired almost the same amount of SHIB as “Light” did – 55,802,919,158 tokens. This amount of crypto is worth $1,373,867, according to the current SHIB/USD exchange rate.
SHIB is back on the top 10 list
The data aggregator mentioned above also reported that Shiba Inu has again entered the list of ten crypto assets what the Ethereum whales are looking for. SHIB is on this list along with the FTX (FTT) token, Ethereum, and several USD-backed stablecoins – USDC, BUSD, USDT.
SHIB continues to rise
Over the past two days, the major meme token has managed to show an almost 25 percent increase – from $0.00002076 to $0.00002594.
However, as of today, the price of the token has fallen to $0.00002468.
