According to the new market data, the world’s largest Ethereum whales are loading up on meme crypto Shiba Inu (SHIB). The latest WhaleStats reveal the investment behaviour of the 1,000 wealthiest non-exchange Ethereum addresses.
As per the tracking of the Whale Monitor system, in the past 30 days, potential crypto investors bought: Ethereum (ETH) worth $8 Million, Stablecoin Tether (USDT) worth $2.89 Million, and FTX Token (FTT) worth $2.46 Million A total of 89 million worth of Dollar Tether and 2 million dollars of USD46 million worth of the FTX Token, the utility asset of crypto derivatives exchange FTX token.
Stablecoin USD Coin (USDC) has witnessed an average $1.5 million purchase. The second and third are Shiba Inu and player-controlled blockchain platform Gala, with average purchases worth $1.03 million and $464,228.
Binance crypto stable coin “Binance USD” is at the seventh position. Virtual reality platform Decentraland (MANA) secured the eighth rank with an average purchase amount of $158,455. Wrapped Bitcoin occupies the ninth spot. ETH is titled the top because it has the largest Ethereum whales.
Investors should complete due diligence before making high-risk investments in Bitcoin, cryptocurrency, or digital assets. Make sure to be aware that transfers and trades are at your own risk. You are responsible for any losses you may incur.