3.7 Trillion SHIB Lands in Whale’s Wallet After Massive Purchase: Details

SHIB

This Shiba Inu whale has bought almost four trillion tokens worth $89.1 million, while SHIB sits in second place among top 10 assets purchased by ETH whales

According to data provided by on-chain analytics provider WhaleStats, a staggering amount of Shiba Inu worth $89.1 million was purchased in a single transaction by a large Ethereum whale.

In the meantime, SHIB remains the second biggest cryptocurrency holding on the top 10 list for large Ethereum investors at the moment.

3.7 trillion SHIB land in this whale’s wallet

A whale ranked 216th on the WhaleStats scale acquired a whopping 3,713,675,424,944 Shiba Inu. At the time of purchase, this amount of crypto was worth $89,128,210.

Detailed data from this wallet’s page shows that this investor is holding the second biggest canine token by market cap, SHIB, as the biggest coin by USD value. Overall, by now the whale’s wallet contains $88,469,296. That comprises 31.29% of their portfolio, which has an overall worth of $113,922,737 in ERC-20 tokens.

SHIB is the second largest reserve of ETH whales

WhaleStats provides data on the crypto holdings of the 100 largest Ethereum blockchain investors, known as whales.

At the time of writing, these investors hold a total of 53,906,847,868,416. That is the equivalent of $1,284,199,751.

SHIB comes second on the list of top 10 crypto holdings of these whales after FTT and, therefore, third after Ethereum.

APE is the most traded token

APE token, which has been trending recently, has flipped the usual most traded tokens by Ethereum whales: SHIB, LINK and FTT.

On March 17, APE jumped 1,232% from $1 to an all-time high of $39.40. On Saturday, ApeCoin fell 66.16% from the all-time high to the $13.40 level.

At press time, the coin is changing hands at $10.43—73.53% from the ATH.

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