With the markets taking a dive for the worse, things weren’t looking too good for investors this morning. However, whales aren’t the kind to not make the most of this opportunity. In the past 24 hours, while Bitcoin took a big hit, driving its price to the $40K mark, Ethereum whales have been hodling up while many in a state of panic were cashing in.
Let’s take a look at the top three coins that the top 1000 Ethereum whales have their eyes on.
Ethereum
This was no surprise as Ethereum whales love their ETH. Ethereum was the number one coin held by the top 1000 ETH whales, with 40,651 ETH tokens held among them, worth about $125 million.
Ethereum saw a bright slide into the $3k category. But the recent turn of events has brought its price down to the $2,900s.
At the time of publication, Ethereum was trading at $2918.01, down by 5.9%
Shiba Inu
Shiba Inu is here to stay. That fact has pretty much been decided on by its enormous community. According to the data shared by Whalestats, Shiba Inu was in second place among the top three tokens held in the last 24 hours, by the top 1000 Ethereum Whales.
With 54,330,197,125 tokens, worth $1,696,506, Shiba Inu sure is a token of interest among the ETH whales. The Shib Army has been hard at work making sure that SHIB stays on everyone’s radar. The community has tirelessly pushed for the coin’s much-deserved popularity.
At the time of publication, Shiba Inu was trading at $0.00002971, down by 5.1%
FTX
FTX took a cool third place, with a total of 36,282 coins, worth $1,661,924. FTX had recently run an ad in the 2022 NFL Superbowl, which without a doubt, seems to have paid off. Ethereum whales sure have taken notice of FTX’s efforts. This truly is a milestone for the token. This year’s Superbowl was crypto-studded with many big crypto names, not to mention NFT proponent and musician Snoop Dogg, along with Eminem, taking center stage during the halftime.
At the time of publication, FTX was trading at $44.21, down by 4.1%.