Large Ethereum (ETH) whales are gobbling up Shiba Inu (SHIB), according to the crypto tracker WhaleStats.
The whale-watching platform reports that the popular Ethereum-based memecoin is the most traded and “biggest hodling” token among the top 1,000 ETH wallets.
Shiba Inu is the 13th-largest crypto asset by market cap and currently trading at $0.000033, up more than 5% in the past 24 hours.
One whale wallet, the 79th-richest Ethereum address, recently purchased 4 trillion SHIB worth more than $136 million.
https://twitter.com/WhaleStats/status/1473164981491613696
On Monday, the same wallet also purchased more than $76 million worth of MANA, the native token for Decentraland, a virtual reality platform where content creators and developers can monetize their content and applications and users can experience it.
The whale also owns more than $36 million worth of the Gala (GALA) token. Gala is a gaming platform where the players are part owners and operators. It allows players to own their in-game items and determine the direction of the game’s development.
Additionally, the whale also holds more than $28 million worth of ENJ, the native token for Enjin, an interconnected, blockchain-based gaming platform that possesses smart-contract capabilities.
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Featured Image: Shutterstock/Andi syaputra/LongQuattro
