Ethereum whales splash millions on SHIB

According to WhaleStats, an investor had bought more than 49.6 billion SHIB tokens in total, which came out to a total dollar value of $1,094,317 at the time of purchase.

Ethereum whales, in the last 24 hours alone, increased their trading activity in the meme coin, and in its wake, have left the digital asset as the biggest token by dollar value among ETH whales. Currently, these whales hold more than $16 million worth of SHIB between them, over 575 billion tokens.