HomeCrypto NewsMarketTop 1000 ETH Wallets Now Holds $2.2 Billion Worth Of Shiba Inu

Top 1000 ETH Wallets Now Holds $2.2 Billion Worth Of Shiba Inu


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Ethereum whales are crazily grabbing Shiba Inu.

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The top 1000 ETH wallets now hold $2.2 Billion worth of Shiba Inu.

Low shib prices are making the whales buy and hold more shib. Shib is trading at $0.0000258, up 1.30% In the last 24 hours.

Currently, Shiba represents 22% of the top 1000 eth wallets holding. Sihb was able to flip FTX tokens in whales holdings; the top 1000 whales hold $1.47 Billion worth of FTX tokens representing 14.7% of their holdings. Due to market uncertainties, whales are also converting their holding into USDC and USDT. The top 1000 eth wallets are holding $1.11 Billion worth of USDC and $650 million worth of USDT.

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Today, the whale ranked #15 by the whale stat made the most significant purchase. According to Whale Stats, an Ethereum whale was reportedly bought 47,743,646,900 (47.7 Billion) SHIBs worth around $1,275,710 ($1.27M) in the early hours of today.  The Ethereum whale paid an aggregate price of $0.000026719 for a unit of SHIB.

Despite market uncertainty, the Shiba Inu ecosystem and its community are growing on a daily basis. Recently British top-rated Financial Company ‘Revolut’ with millions of users silently listed SHIB on its trading platform, along with Australian Company LaborX All set to Add Shiba Inu As Payment Method, where users can Complete Tasks to Earn Shib.


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Ammara Mubin is a cryptocurrency reporter and trader with vast experience in the industry. Mubin has written several news stories related to the crypto industry, including non-fungible tokens (NFTs), decentralized finance (DeFi), fundraising, mining, etc. Her major focus is covering regulatory events that are capable of shaping the entire crypto ecosystem.

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