Popular meme coin has beaten major altcoins on ETH as the biggest whales’ holding
A recent report from the WhaleStats on-chain data platform shows that SHIB is the coin on which Ethereum whales still make the highest bets. At the moment, this canine cryptocurrency is at the top of the top ten list of assets held by these investors.
On this list, Shiba Inu has left behind other popular altcoins – MATIC, LINK and MANA, which are also holding top positions among ETH whales’ investments.
SHIB. Whales Have $646 Million
In a recent report, WhaleStats states that Ethereum whale addresses hold a total of $646,310,721 worth of Shiba Inu, and it ranks first in the top ten list of the second largest meme cryptocurrency asset.
Other altcoins, including top-rated MATIC, MANA and LINK are behind Shiba. Whales hold the equivalents of $140,143,669 in MATIC, $127,079,523 in MANA and $112,672,798 in LINK.
According to the above data service’s website, MANA is currently the most widely held token among whales on the Ethereum chain and SHIB is the largest token by USD value.
Nearly $3 million in LINK bought by whales
The same source has reported that earlier today, two whales acquired chunks of LINK that together worth almost $3 million.
The whale was purchased 159,866 links under the name “Bluewhale 0088”, with a valuation of $1,269,340. An investor named “bluewhale0079”, often seen speculating a large amount of Shiba Inu, added a total of 199,999 links to his wallet, paying more than $1.5 million for it.
LINK sits on the 10th spot on the list of ETH whales’ holdings.
