Top 100 Ethereum Whales Now Hold 49 Trillion Shiba Inu (SHIB) Worth $362 Million

The volume of Shiba Inu tokens held by the top 100 Ethereum (ETH) whales has shot up to 49 trillion, indicating an impressive worth of $362,236,695 currently. With the crypto asset trading low on the market, the high accumulation from investors shows expectations of an eventful price run. Information on Whale Stats demonstrates the various digital assets maintained by these massive ledger wallets, such as 31,263 Ether (ETH), 7,888,146 Tether (USDT), 706,994,142 USD Coin (USDC) and 49,621,465,093,470 Shiba Inu (SHIB). This bidding on the token holds merit as would could lead to several Shiba Inu holdings returns profitable. Not to forget, the potential launch of core projects such as Shibarium, SHIB Metaverse, etc is likely to create quite a stir in the gogetters for SHIB. Thus an analysis of project mechanics before placing a bet appears well considered.