Ethereum Whales Accumulate Staggering $422,000,000 of Shiba Inu in Less Than One Week: On-Chain Data

New data reveals that the Shiba Inu (SHIB) holdings of the world’s largest Ethereum (ETH) whales have grown by hundreds of millions of dollars in less than a week.

According to whale-surveying platform WhaleStats, the top 1,000 ETH whales have gobbled up $422 million worth of the meme asset since January 17th.

Previously, it was reported that the same whales had about $168 million worth of SHIB, meaning they increased their holdings of the Dogecoin (DOGE) competitor by a…


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