The largest Ethereum whales in existence are accumulating the meme coin Shiba Inu (SHIB) and decentralized finance (DeFi) altcoins.
According to blockchain tracker WhaleStats, Ethereum whales or investors with at least 1000 ETH in their wallets still favor Dogecoin rival Shiba Inu. At the time of writing, SHIB was the 10th most purchased token among ETH whales in the past seven days. In addition, investors still hold the most FTX Tokens (FTT) and SHIB, apart from Ethereum.
ETH whales buy from DeFi industry tokens, particularly decentralized lending system Aave, DeFi platform Nexo and WOO Network.
According to WhaleStats, NEXO, AAVE and WOO are the sixth, seventh and eighth most bought altcoins, respectively, among ETH whales in the past seven days. Stablecoins USD Coin (USDC) and Tether (USDT) were the two tokens that accumulated the most among ETH whales last week, followed by Ethereum itself and Binance’s BUSD. Wrapped Bitcoin (WBTC) is also currently fifth on the list.
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