Shiba Inu First Choice Of Big Ethereum Whales For Investment, ETH Whale Buys $30 Million SHIB

Shiba Inu (SHIB) has been in constant discussion in the cryptocurrency market for the past few days. Whale accounts are known to dominate the crypto market and can influence the price of a token to a great extent. Activity in whale accounts for the Shiba Inu has increased significantly in recent times. Large Ethereum whales are actively buying, holding and selling Shiba Inu tokens on a regular basis these days. Therefore the trading volume of the Shiba Inu has increased by several hundred times.
The report of WhaleStats, a platform that tracks the movements of whale accounts, states that the Ethereum whale named BlueWhale0159 has been seen quite active in Shiba Inu purchases for the past several days. In the last 24 hours this whale has bought three million dollars of Shiba Inu tokens. Thus within the last two days this whale has added 26,700 crore SHIB tokens to its portfolio. Shiba Inu is included in the list of top trading tokens for Ethereum whales. It has even surpassed Ether itself in terms of holdings. Ethereum whales are holding more Shiba Inu than Ether.
It has been said in the report that these Shiba Inu investors hold 36.5 thousand trillion Shiba Inu coins. The number of Shiba Inu holdings is 19.76% of the total holdings of Ethereum whales. That is, Shiba Inu tokens account for about 20 percent of all types of cryptocurrencies that Ethereum whales hold. Interestingly, the Shiba Inu stands on par with stable tokens here. The Shiba Inu’s share is equal to the USDT and USDC stable coins held by Ethereum Whales.

The day before this, ETH whales bought 534 trillion Shiba Inu tokens. The purchase was made in three major transactions. The 248th ranked Ethereum whale, Gimli, bought 1.87 trillion Shiba Inu tokens in a single transaction. Gimli bets only on the Ethereum whale SHIB. It is said that the Shiba Inu is its largest holding. At present there are 391 trillion Shiba Inu tokens in this whale’s wallet. In addition, BlueWhale0159 Ethereum whale also bought 1.47 trillion Shiba Inu tokens a day earlier. BlueWhale0159 is ranked 373rd among the top Ethereum whales.

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