SHIB Currently Has the Biggest Token Position Among ETH Whales

Fresh data from the whale tracking website, WhaleStats, reveals that Shiba Inu (SHIB) currently has the biggest token position in dollars among the top 100 ETH whales, with an average value of $24,089,926. This number is up more than 1% over the last day.

WhaleStats also indicates that the average SHIB balance is around 518.8 billion SHIB, which is equivalent to approximately $4,185,235 at current prices. At the moment, the number of SHIB holders currently stands at 1,185,454.

According to the whale tracking website, SHIB is also the third most held coin among whales. This ranks SHIB just above Tether (USDT), which is the biggest stablecoin by market cap, and below USDC, the stablecoin launched by crypto exchange Coinbase.

Number one on the list is the second biggest crypto by market cap, Ethereum (ETH), with the average amount held by whales equating to around $220, 432,637 at current prices.

Currently, SHIB is the 17th most valuable token in terms of market cap and is worth $0.000008253 after a 3.63% increase in price over the last 24 hours. SHIB also reached a 24-hour high of $0.000008315. Despite the 24-hour rise in price, the meme coin saw a 0.86% price decrease over the last seven days.

With regards to market cap, SHIB currently has $4,541,661,388. Shiba Inu also saw a 24-hour trading volume of $245,971,520, which is down 18.77% over the last day.