SHIB worth $660 million settled in 2,000 biggest ETH whales’ pockets
According to WhaleStats, 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.