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Bullish: Shiba Inu Becomes Largest Token Holding Among Top Ethereum Whales Shiba Inu has gained ground tremendously over the past week as its price continues to see double-digit gains. With this newfound momentum has come renewed interest from investors and Ethereum whales are notably taking advantage of SHIB’s growth during this time. Ethereum Whales Boost Shiba Inu To Top Holding The year 2022 actually saw the price of Shiba Inu fall over 80% from its all-time high, triggering immense bearish sentiment among its investors. During this time, the 5,000 largest Ethereum whales, who had collectively held over $1 billion worth of SHIB at one point, would reduce their holdings drastically. This saw Shiba Inu’s position as the largest token holding by dollar value among these large investors eradicated over time. However, there has been a turn in the tide and SHIB has risen once again to reclaim its position. At the time of this writing, the meme coin is now the largest token position by the top 5,000 Ethereum whales behind ETH, beating out the likes of USDT and USDC that have dominated the list over the last couple of months. Full Article: <a rel="noreferrer nofollow noopener" href="https://bitcoinist.com/shiba-inu-among-top-ethereum-whales/" target="_blank">https://bitcoinist.com/shiba-inu-among-top-ethereum-whales/</a>
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