SHIB Balance of Top ETH Whales Drops Below $1 Billion: Report

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SHIB Balance of Top ETH Whales Drops Below $1 Billion: Report
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Whales' $SHIB balance drops below $1 billion, while this investor profited from buying 300 billion ShibaInu. WhaleStats Shibarmy

the largest holding of the top 100 ETH whales in USD equivalent, the supply of the second largest meme cryptocurrency held by these investors has seen a substantial plunge, going below the equivalent of $1 billion.

In the meantime, one of the whales has risked buying a staggering chunk of Shiba Inu—301 billion tokens.According to the main page of the WhaleStats website, which tracks down the 100 largest wallets on Ethereum, Shiba Inu remains the number one crypto asset for the biggest wallets on the Ethereum chain.has faced a significant decline, dropping from slightly over $1 billion to a total of $983,338,440.Last week, the supply of Shiba owned by these investors fluctuated between $1.4 billion and $1.

Compared to Monday, the percentage of SHIB held by Ethereum whales in their comprised portfolio has dropped from 15.34% to 15.32%. FTX Token remains the number two holding of ETH whales—13.78% of their portfolio—but it has also declined a little compared to Monday, dropping from $894,267,385 to $885,113,460 worth of this asset.

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