WhaleStats presented new data on altcoins held by Ethereum whales. The new data shows that the Shiba Inu (SHIB) is the largest ERC-20 token holding among the top 1,000 Ethereum (ETH) whales.
Ethereum whales collect these altcoins the most
According to data compiled by WhaleStats looking at Ethereum-based token holdings in the largest ETH wallets, SHIB represents 21.68 percent of the total market share with $2.35 billion. The next asset that whales hold the most is Crypto. com’s native token CRO, representing 5.54 percent with $603.9 million. According to available data, SHIB is currently the eleventh highest ranked crypto asset at $26.9 billion in total market cap, suggesting that ETH whales hold around 9 percent of all circulating SHIB.
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As we reported , the ardent SHIB community was pushing crypto trading platforms like Coinbase and Robinhood to list the asset. Change, which aims to persuade them. org petition received more than 530,000 signatures at the time of writing. Coinbase Pro listed SHIB in late September. Adoption of SHIB has increased across the cryptocurrency market this month. Crypto payment company Coingate announced on November 11 that it has turned on SHIB support so 500 traders can accept SHIB payments. Samsung-backed digital wallet providers ZenGo added the popular meme token to its platform on November 17. At the time of writing, the Shiba Inu is changing hands at $0.00004793, down 0.5 percent.