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Ethereum Whales Acculumate Shiba Inu and Two Metaverse Tokens

So, a new statistics reveals that the world’s biggest Ethereum whales are packing up on meme crypto Shiba Inu. Also, two of the hottest metaverse tokens.

Furthermore, The recent numbers from WhaleStats shows that the investment behavior of the 1,000 wealthiest non-exchange Ethereum addresses.

More so, The whale-monitoring website reveals the last 30 days data, showing big crypto investors buying an average of $8.42 million worth of Ethereum (ETH). Then, $2.89 million worth of stablecoin Tether (USDT). Also, $2.46 million worth FTX Token (FTT). That’s, the utility asset of crypto derivatives exchange FTX.

Source : WhaleStats

Additionally, the stablecoin USD Coin (USDC) has an average purchase amount of $1.94 million. Then, Shiba Inu follows after with the player blockchain platform Gala, having average purchases worth $1.03 million and $464,228, respectively.

Furthermore, crypto exchange Binance’s stablecoin Binance USD (BUSD) sits at number 7. Meanwhile, the virtual reality platform Decentraland (MANA) sits number 8, having an average purchase amount of $158,455.

Notably, Wrapped Bitcoin (WBTC), representing Bitcoin on the Ethereum network sits on the ninth spot. Then, the decentralizes derivatives exchange Serum (SRM) completes the top 10 list.

Lastlyz considering the largest Ethereum whales, ETH itself is at the top with holdings worth more than $166.56 million on average. Of course, Shiba Inu comes after with average holdings worth $1.69 million.

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Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.