Fifth-Largest Ethereum Whale Initiates Massive 223,761,580,609 Shiba Inu Transfer As Dogecoin Rival Becomes Most-Accumulated Altcoin

One of the biggest Ethereum whales in existence just bought a large bag of Dogecoin competitor Shiba Inu as SHIB becomes the most widely held altcoin among the largest ETH investors.

First spotted by blockchain tracking service WhaleStats, the entity known as BlueWhale0073 scooped up over 220 billion SHIB worth over $ 5,781,999.

The whale’s wallet is now worth over $ 4,657,849,480 at time of writing.

For many months, FTT, the native token on crypto exchange FTX, has been the number one holding among Ethereum whales, excluding ETH itself. At time of writing, however, Shiba Inu has claimed the number one spot, with Ethereum whales holding an average allocation of 15% of SHIB.

Source: WhaleStats

Other recent whale transactions include the utility and governance token MKR of the decentralized lending platform Maker, GRT, the token that powers indexing protocol The Graph, as well as the tokens for decentralized exchange Uniswap (UNI) and metaverse platform Decentraland (MANA).

  • 1,799 MKR worth $ 3,548,566 by Tom Riddle
  • 6,000,000 GRT worth $ 2,210,106 by Bluewhale0088
  • 200,000 UNI worth $ 1,950,002 by Bluewhale0088
  • 4,300,000 MANA worth $ 9,202,000 by Bluewhale 0079

Check Price Action

Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Follow us on TwitterFacebook and Telegram

Surf The Daily Hodl Mix

& nbsp

Check Latest News Headlines

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock / Timofeev Vladimir



Source

Stay in the Loop

Get the daily email from CryptoNews that makes reading the news actually enjoyable. Join our mailing list to stay in the loop to stay informed, for free.

Latest stories

- Advertisement - spot_img

You might also like...