SHIB One Of The Most Held Tokens Among Top 500 ETH Whales

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Shiba Inu is one of the most held cryptocurrencies among the top 500 ETH whales.
Whales are also holding MATIC, stETH, LINK, and DAI.
SHIB is currently worth about $0.00001079 after a 3.72% increase in price.

The well-known whale tracking platform, WhaleStats, took to Twitter earlier today to share its observations about the buying habits of ETH whales. According to the post, Shiba Inu (SHIB) is one of the most-held cryptocurrencies among the top 500 ETH whales.

The post states that these whales are currently holding about $606,354,054. The WhaleStats data indicates that whales are also prioritizing holding tokens like Polygon (MATIC), Chainlink (LINK), DAI (DAI), and SwissBorg (CHSB).

Overall, the most held cryptocurrency by the top 500 ETH whales is USD Coin (USDC), with Tether (USDT) taking up the second position. SHIB is currently the third most-held token with Lido Staked Ethereum (stETH) in the fourth position on the list. MATIC closes off the top 5 most held tokens with whales holding about $166,807,633.