FTX Flips Shiba Inu as Biggest Token Position Among Whales

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FTX Flips Shiba Inu as Biggest Token Position Among Whales
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FTX overthrows Shiba Inu as the largest token position among whales FTXToken SHIB LINK ERC20 DEFI whalestats

WhaleStats analysis indicates that the top 1,000 Ethereum wallets now hold $1,506,665,200 worth of FTX tokens, which represents 14.52% of the total holdings of all tokens except ETH. Shiba Inu currently accounts for 14.4% of total holdings as Ethereum whales hold $1,494,649,701.

The slight margin between the two tokens raises hopes that the positions may soon be switched, with SHIB reclaiming its position. The Shiba Inu holder base continues to grow, with the current holder count at 1,130,172, according to WhaleStats data. Shiba Inu was trading at $0.0000279 at press time and ranked 13th largest by market capitalization.Large crypto investors tend to increase their holdings for better prices during periods of dip and consolidation. According to WhaleStats, Fantom and Chainlink are among the top 10 tokens whales are buying as the market eyes a relief rally from previous declines.

WhaleStats reports three large Chainlink transactions in the last 12 hours. First, an ETH whale ranked 122nd among the top 1,000 ETH wallets tracked by WhaleStats

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