Shiba Inu Dislodges FTX In Average Quantity Held, WhaleStats Report Shows
The crypto market has been in a sorry state for several months now. Meme tokens like Shiba Inu (SHIB) took the worst blow following the crypto crash.Despite that, Ethereum (ETH) whales have played on this crypto plunge, and it appears that Shiba Inu (SHIB) turned out to be the top choice of the giant ETH whales.
With Dogecoin or the dog-themed meme coins rising in popularity in 2021, Shiba Inu has failed to scale or get some traction this year.SHIB, which is dubbed the most searched crypto of 2021 compared to BTC, has had a dismal dip. The coin’s prices have shed 52% of its value, as seen in the past two months. ETH whales have been pooling in the market and trading despite turbulent conditions.According to WhaleStats, SHIB has now outranked the FTX token (FTT) in terms of average quantity held in the top 10 holdings with 467,912,829,017 compared with 301,753 for FTX.
Source
@Doge_ShibaInu
