Largest Ethereum Whales Pounce on Shiba Inu, Accumulate Over $85,500,000 Worth of SHIB: On-Chain Data

The biggest Ethereum (ETH) whales in existence are eyeing up Dogecoin (DOGE) rival Shiba Inu (SHIB), according to on-chain data. Keeping track of the 500 biggest whales on the Ethereum network, blockchain tracker service WhaleStats says that SHIB is the third largest holding among the cohort, excluding stablecoins and staked Ether (stETH).