2 Trillion Shiba Inu Whales Grab $9 Million in APE: Report

SHIB

These major Shiba Inu whales have laid their hands on more than half a million ApeCoin as APE is among most popular whale holdings now

ETH investors who hold massive amounts of Shiba Inu meme cryptocurrency have acquired large chunks of the trendy APE token, which is the most traded cryptocurrency among the top 100 ETH whales at present.

Meanwhile, Shiba remains the largest holding by USD equivalent.

Two Great SHIB Whales Catch Half a Million APEs

WhaleStats crypto tracker reported that two large whales invested in Ethereum and ERC-20 coins bought APE tokens worth a total of $9 million.

Whale “Jiraiya” has acquired 499,998 APE worth $8.1 million, and “Bombur” grabbed 70,804 APE—the equivalent of $1,255,359.

These investors’ portfolios also hold substantial amounts of Shiba Inu: “Jiraiya” holds $39,674,380 of Shiba (8.07% of his portfolio) and “Bombur” holds $19,498,030 of SHIB (5.55 % of its portfolio).

“Bombur” wallet now contains $16,032,829 in APE, and “Jiraiya” stores $8,625,918 in APE.

According to the main page of the WhaleStats site, APE is currently the most traded token among the top 100 ETH investors. Earlier this month, “Bombur” purchased several big chunks of SHIB, totaling over 100 billion coins.

SHIB holds as whales’ biggest holding

SHIB has outperformed other ETH-based tokens one again, including FTT, MATIC and LINK, being the largest asset in USD equivalent held by whales.

The combined portfolio of these investors now contains $1,009,523,071 of Shiba, which totals 46,927,357,777,137 canine tokens, or 15.34% of the portfolio.

FTX is breathing down SHIB’s neck here, with $894,267,385 worth of FTT holdings (13.58% of the comprised portfolio).

At press time, the Shiba Inu token is trading hands at $0.00002101, according to data provided by CoinMarketCap.

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