According to data from WhaleStats, the Shiba Inu is currently the second largest crypto asset in the top 100 Ethereum whales after USDC, although Ethereum (ETH) holds the top rank.
The most recent data from WhaleStats reveals the investment patterns of the top 100 non-exchange Ethereum addresses by funds. The top 100 whales are essentially purses with an average value of $14 million.
Data provided by Coingecko shows that Tuesday’s market price for the Shiba Inu is $0.00000827, up 3.7% over the past seven days.
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According to the Blockchain Data Tracker, the top 100 Ethereum whales currently hold SHIB of $423,180,380, or 15.55 percent of their total holdings. In contrast, Circle’s USDC stablecoin is worth 18.08 percent, or $491,815,224.
Furthermore, WhaleStats shows that the average SHIB holding is 463.5 billion tokens worth $3,678,366. This makes the Doge-themed token the largest altcoin among Ethereum whales, excluding ETH and two stablecoins.
Shiba Inu still to show strong recovery
Whale also supports holding of the FTX token, Polygon’s MATIC, Chainlink’s LINK, and Decentraland’s MANA, among others.
Yet, despite strong demand, SHIB has shown no signs of improvement in two months. Since mid-April, the meme coin has lost 70.72 percent in value, representing a loss of 70.72 percent.
SHIB total market cap at $4.8 billion on the daily chart | Source: TradingView.com
Whale Wallet is also interested in the FTX token (FTT), the native asset of the well-known FTX cryptocurrency exchange, with an average supply of 140,651 tokens worth $3,241,465.
The Bitpanda Ecosystem Token (BEST) averaged $1,744,056 with this investment group, placing it sixth among the top 100 ETH wallets.
How long do holders keep their SHIB?
The following coin is CHSB, the native token of cryptocurrency wealth management platform Swissborg. The average number of coins held by whales is above 6 million, with a total value of $1,103,965.
WhaleStats also shows that wealthy Ethereum investors are buying crypto exchange MXC for $1.1 million, and 3D virtual reality environment Decentraland (MANA) for $818,038 and 1,057,781 tokens in the top 10.
Meanwhile, according to IntoTheBlock’s holders composition by time, 21% of SHIB holders have held their tokens for more than a year, 76% have held within a year, and 3% have held less than 30 days. organized for.
As the Shiba Inu population continues to grow, the midlife holders have also been dispersed.
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Featured image from Watcher Guru, chart from TradingView.com