Why Ethereum Whales Are Betting More Than $1.3 Billion on Shiba Inu

Some investors have a lot of money in cryptocurrencies. They’re sometimes referred to as “whales” to reflect just how large their positions are. And we’re not talking about $100,000 or so in a given cryptocurrency — whales own millions and even billions of dollars worth of digital tokens.

As you might expect, the biggest cryptocurrencies based on market cap — Bitcoin and Ethereum ( ETH -7.91% ) — tend to especially attract whales. But they don’t always limit their…


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