Shiba Inu has been actively purchased by largest ETH whales and remains their biggest crypto holding
A large ETH whale, “Tolkien”, seized an additional 51 billion SHIB, while the Shiba Inu smart contract was recognized as the most used in the last 24 hours.
“Bombur” acquires 51 billion SHIB
WhaleStats has shared that almost four hours ago, Ethereum whale “Bombur” (ranked 19th on the WhaleStats scale of wallets) purchased a total 50,992,035,458 Shib Inu, paying $1,269,191 for it.
This is the second purchase of SHIB made by this ETH whale since April 10, when it acquired a similar amount of around 50 billion meme tokens.
“Bombur” has been actively buying SHIB along with another Ethereum whale called “BlueWhale0073.” Since April 10, this investor has laid his hands on 1.17 trillion SHIB meme tokens—that is the equivalent of approximately $30.6 million.
As reported by U.Today on April 20, the ETH investor mentioned above bought an additional 50,296,290,794 SHIB, which equals $1,269,981.
Overall, since April 10, three investors on Ethereum chain—”Bombur,” “BlueWhale0073” and the #1 whale “Light”—have grabbed more than 1.71 trillion Shiba Inu. “Light” acquired 331.8 billion canine tokens worth over $7.5 billion. The purchase was made in two chunks.
SHIB is the most used smart contract
WhaleStats also reported that over the past 24 hours, Shiba Inu’s smart contract has been used significantly more than other Ethereum-based cryptocurrencies by the top 100 ETH whales.
This fact proves that whales have been grabbing SHIB actively as of late, and the second largest canine crypto on the market is the largest part of the comprised portfolio; the 100 biggest wallets at the moment contain slightly over $1.3 billion worth of Shiba at the time of writing.
This constitutes 53.4 trillion tokens, or 14.79% of their ETH-based token portfolio.
The second largest holding of the whales remains FTX Token—13.3% of the overall crypto holdings worth $1.2 billion. However, on the top 10 list of the coins that are being bought most actively now, SHIB holds spot 9.
