SHIB Worth $660 Million Settled In 2,000 Biggest ETH Whales’ Pockets
WhaleStats, a portal that tracks the activity of major Ethereum (ETH) holders, has shared data on the composition of the top 2,000 ETH whales' positions. According to the data, in addition to stablecoins and Ethereum itself, SHIB holds the largest portion of whales' portfolio.
The token's share is 10% of the total and equals $660 million. By comparison, the entire capitalization of the Shiba Inu project is in the neighborhood of $6.6 billion. Thus, it turns out that by holding 10% of their portfolio in SHIB, the top 2,000 ETH holders hold 10% of the entire capitalization of Shiba Inu. This event, in turn, made it possible to use SHIB as a payment method in the European Economic Area.
Source
@Doge_ShibaInu
