1.3 million MATIC tokens bought by the Ethereum whale with 38 trillion Shiba Inu coins
An Ethereum whale, “Light”, ranked fourth on WhaleStats, increased its holdings by purchasing 1,337,000 MATIC tokens, or $ 3,315,760. Polygon (MATIC) ranks 14th after Shiba Inu, according to data from CoinMarketCap. At the time of going to press, MATIC was trading at $ 2.49, down 2.48% in the past 24 hours.
🐋 The ETH “Light” whale has just purchased 1,337,000 $ matic (US $ 3,315,760).
Ranked # 4 on WhaleStats: https://t.co/g2Ri3NWSgL
– WhaleStats – Ethereum’s Top 1000 Rich List (@WhaleStats) January 3, 2022
Data provided by WhaleStats shows that the “light” whale still mainly bets on Shiba Inu. The dog-themed token occupies 27.31% of his wallet, with a total value of $ 4,705,346,887.
Shiba Inu leads the whale’s token holdings, with a balance of 38 trillion Shiba Inu tokens, or $ 1,285,129,470 held.
PornHub DAO comes in second with 20.37%, followed by Ethereum at 13.62%, valued at $ 640,886,140. The whale also holds CRO, Enjin Coin, USDT, WBTC, and other coins.
Shiba Inu whales steadily increase their holdings
The top 100 Shiba Inu holders also increased their portfolios, with WhaleStats reporting a 2.36% increase in the average SHIB balance of this category of investors. The average SHIB value also increased 3.4%, while the 24-hour volume increased 519.55% to $ 21,368,644 at the time of going to press.
Active Shiba Inu addresses in the top 100 have grown 16.67% in the past 24 hours as SHIB maintains its top spot as the largest token position in dollar value.
The Shiba Inu network is also growing, welcoming more than 114,450 new users after crossing the million mark just over a month ago, bringing the number of current holders to 1,114,450.
From a fundamental growth perspective, many holders are a key determinant of the asset’s future. Shiba Inu is trading slightly lower at $ 0.0000334 as price consolidates its next move for 2022.