Shiba Inu Becomes Most Traded Token, Top Holding And Top 10 Purchased Token Among 1K Biggest ETH Whales After Stepping Into Fashion Industry With Italy-based Brand “John Richmond”
For the past two days, Biggest Ethereum (ETH) Whales have shown their greed for Shiba Inu (SHIB) token following recent developments and robust partnerships in the ecosystem.
According to the recent data provided by WhaleStats, the Shiba Inu token has become the most traded and purchased token among 100 Ethereum whale wallets in the last 24 hours.
On average, around 494,038,620 (494M) SHIB tokens for $12,482 ($12.4M) have been purchased by the top 100 Ethereum Whale wallets.
Moreover, the top 100 ETH whale wallets are now holding $1,198 694,375 (1.1T) worth of SHIB, making it the third biggest token position by dollar value, following Ethereum (ETH) and FTX Token (FTT).
JUST IN: Looks like? really loves #SHIB $SHIB @Shibtoken now
? is most traded token
? on top 10 hodlings
? on top 10 purchased tokens
? on top most used smart contractsamong 100 biggest #ETH whales ?#ShibArmy, Woof! Woof!
Whale leaderboard: https://t.co/VqAZn9zsRe pic.twitter.com/ldm7O4DjhY
— WhaleStats – BabyWhale ($BBW) (@WhaleStats) March 4, 2022
Besides all this, the two biggest Ethereum Whales have been reported to accumulate whopping 885.27 billion Shiba Inu tokens within the last 48 hours.
The ETH Whales became hungry after the Shib team recently unveiled that SHIB has now stepped into the fashion industry with ” John Richmond’s Italy-based brand.”
This massive partnership announcement was perfectly timed by the SHIB team and made public on February 28, 2022, which marks the final day of Italy’s fashion week and the first day of Paris Fashion Week.
Additionally, John Richmond recently released its Spring Summer Collection 2022 and will hold fashion shows across Italy, which will help Shiba Inu token gain massive exposure in no time.
SHIB and John Richmond will plan to conduct fashion shows in Milan, Italy, and 10,000 Richmond and Shiba Inu NFTs will be released through this partnership. In addition, the clothing line could also be available in collections in boutiques worldwide.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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