The popular Shiba Inu coin and FTX exchange native token, FTT, are among the top six altcoins, which now account for more than half of the total non-Ethereum coins held by the top 1,000 Ethereum accounts, by according to statistics from WhaleStats. .
ETH whales seize SHIB, USDT and other altcoins
Other hot coins are Tether, USDC, OKB and GALA. In total, altcoins account for more than 52% of the total non-ETH assets of Ethereum whales.
The term » ethereum whale It refers to people who own large amounts of the second largest crypto asset by market capitalization.
The largest ETH wallets hold 1.58 billion ETH, the largest coin currently at 13.61% of its non-ETH assets.
They also hold a total of $ 1.42 billion in SHIB, which is 12.23% of its non-ETH assets.
Tether is the wallet with the third largest non-Ethereum asset with $ 1.01 billion and a total of 8.7% of the non-ETH assets of the ETH giants.
After that, whales have $ 516.4 million GALA, which is 4.44% of their nonETH assets. The GALA token is used as a payment method on the Gala gaming platform.
Finally, Ethereum whales are worth more than $ 507 million worth of OKB, representing 4.37% of its nonETH assets. OKB is a utility coin issued by the OK Blockchain Foundation and OKEx and offers holders a wide range of payment and exchange options.
This comes on the heels of a spike in TTF that occurred when Ethereum whales spent nearly $ 2 billion on the coin, eventually destroying Shiba Inu as the most sought – after altcoin in the cryptocurrency field.
Many cryptocurrency experts suggest that Shiba Inu has a bottom of over 30%, which has been neutral for some time since its inception in October 2021 and up 40% in December.