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HomeCrypto NewsMarketTop 100 ETH Whales Now Holds Over $630 Million Worth of Shiba Inu

Top 100 ETH Whales Now Holds Over $630 Million Worth of Shiba Inu


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Shiba Inu (SHIB) Soars as Most Traded Crypto among Top 100 ETH Whales, Outperforms Polygon (MATIC) Ahead of Shibarium Launch.

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The famous blockchain data tracking platform, WhaleStats recently reported that SHIB surged to become the most traded crypto among the top 100 ETH holders, outpacing MATIC in the past 24 hours.

The interest in Shiba Inu has grown among major Ethereum investors, as tracked by WhaleStats. The top 100 ETH holders now hold a staggering $631,233,793 ($631.23M) worth of SHIB in their portfolios.

This increased interest has been fueled by hints from the lead developer about the potential launch of the Shibarium Layer 2 solution beta version. Recently, Unification XFUND has also shared the recent update regarding Shibarium and confirmed that they alongwith Shiba Inu team are quickly approaching towards the potential launch.

In addition to this, Shiba Inu’s popularity and acceptance in mainstream usage are growing. Recently, The London Lions, a UK basketball team partnered with the world’s leading crypto payment processor, BitPay to allow their fans to purchase merchandise and game tickets using Shiba Inu.

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Following the above developments, Shiba Inu’s price begins to rise. As per CoinMarketCap, Shiba Inu is now up 17.66% over the last week. As of press time, Shiba Inu is trading at the price of $0.00001408, up 12% over the last day with a 24-hour trading volume of $1,031,010,707 ($1.03B).

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Zabi is crypto enthusiastic with more than 10 years of experience in managing Google News-approved Finance websites. Zabi has a strong background in finance with a thorough understanding of cryptos and a solid grip on the crypto and financial market industry. Along with his passion for crypto writing, Zabi manages his personal stock and finance-related Google News-approved websites.

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