Ethereum Whales Accumulate 50,905,707,716,073 Shiba Inu Worth $735,034,573, Making SHIB the 2nd-Largest Altcoin Holding

A new breakdown of the largest altcoin holdings among Ethereum whales reveals a surge in the popularity of Shiba Inu (SHIB). According to WhaleStats – which analyzes the holdings and activity of whales on various blockchains – the 5,000 largest Ethereum (ETH) whales on record now hold a staggering 50,905,707,716,073 SHIB worth $735,034,573. This makes SHIB the second-largest altcoin holding among Ethereum whales, right behind the stablecoin Tether (USDT). Source: WhaleStats The rise of SHIB is also reflected in the growing number of large whale transactions of the memecoin in recent weeks. One such transfer happened over the weekend, when