Shiba Inu (SHIB) Becomes Most Traded Coin By Top ETH Whales

thecryptocoinreport.com
3 min readFeb 8, 2022

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Shiba Inu (SHIB) Becomes Most Traded Coin By Top ETH Whales

Self-claimed DOGE killer, Shiba Inu’s Trading volume Skyrocketed by a whopping 420% in the last 24 hours. As per the data revealed by WhaleStats, SHIB token managed to flip CRV token to emerge as the most traded token by 1,000 biggest Ethereum wallets.

The 1,000 biggest Ethereum wallets are worth an average of $154.4 million and have an average of 40,459 ETH, 36 tokens, and 1 NFT.

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JUST IN: $SHIB @Shibtoken had flipped $CRV to be most traded token by 1000 biggest ETH whale wallets

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#SHIB price ups 26.8% in the past 24hrs with a current price of $0.00002904

Whale leaderboard: https://t.co/N5qqsCBeXR#ShibArmy #Friendshibs #Shiberse pic.twitter.com/7J6Cg5yp5q

— WhaleStats — the top 1000 Ethereum richlist (@WhaleStats) February 7, 2022

SHIB Inu Becomes Favorite Choice for Ethereum Whales?

Top 1,000 Ethereum whales continued to trade SHIB as the coin saw a huge surge of over 26% in the past 24 hours. Data shared by WhaleStats, also reveals that Shiba Inu is 3rd biggest holding by the Ethereum whales. ETH and FTX token stands at 1st and 2nd positions respectively. Image below shows top 5 purchases by top 1000 Eth whale wallets.

Top 1000 ETH wallets top 10 holding

As we dig in, Data reveals that SHIB is also the 5th most purchased coin by the 1,000 biggest ETH wallets in the last 24 hours.

Meanwhile, data from WhaleStats also show that Giants are holding 26% of Shiba Inu’s total supply.

SHIB Price Soars; Trading volume Rises 420%

SHIB prices saw a surge of over 26% to break the 3-month-old downtrend.
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Source: thecryptocoinreport.com

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