Biggest Ethereum Whales Acculumating Shiba Inu and Two Metaverse Tokens As Crypto Markets Consolidate: WhaleStats

Biggest Ethereum Whales Acculumating Shiba Inu

New data shows that the world’s biggest Ethereum whales are loading up on meme crypto Shiba Inu (SHIB) and two of the hottest metaverse tokens. 

The latest numbers from WhaleStats are revealing the investment behavior of the 1,000 wealthiest non-exchange Ethereum addresses.

The whale-monitoring website shows that in the last 30 days, deep-pocketed crypto investors bought an average of $8.42 million worth of Ethereum (ETH), $2.89 million worth of stablecoin Tether (USDT) and $2.46 million worth FTX Token (FTT), the utility asset of crypto derivatives exchange FTX.

Next up is stablecoin USD Coin (USDC) with an average purchase amount of $1.94 million, followed by Shiba Inu and player-controlled blockchain platform Gala with average purchases worth $1.03 million and $464,228, respectively.

At number seven is crypto exchange Binance’s stablecoin Binance USD (BUSD), while virtual reality platform Decentraland (MANA) comes in number eight with an average purchase amount of $158,455.

Wrapped Bitcoin (WBTC), which represents Bitcoin on the Ethereum network and is backed 1:1 with BTC, takes the ninth spot, and decentralized derivatives exchange Serum (SRM) rounds out the top 10 list.

Source: WhaleStats

Looking at the crypto trove of the largest Ethereum whales, ETH itself sits at the top with holdings worth over $166.56 million on average. Shiba Inu comes in at number two with average holdings worth $1.69 million.

Original Source :dailyhodl.com

Want to know how to start investing in Cryptocurrencies and Stocks? Click here and get more information about the top investing platform available.

Want to receive the latest stock and cryptocurrency news and investing ideas that can help you make money ?! Subscribe to our newsletter. Enter your email below and hit the subscribe button.

Want to know how to start investing in Cryptocurrencies and Stocks? Click here and get more information about the top investing platform available.

If you want professional consultation regarding stock or cryptocurrency investing leave your information below and experts from our trusted partners will reach out to you

Subscribe

* indicates required