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Top Ethereum ($ETH) Accumulated $85 Million in Shiba Inu ($SHIB) Ahead of Expected Shibarium Launch



The largest whales of the Ethereum ($ETH) network have accumulated around $85 million worth of the meme-inspired cryptocurrency Shiba Inu ($SHIB), ahead of the expected launch of Shibarium, the cryptocurrency’s layer-2 scaling solution.

According to data shared by whale monitoring service WhaleStats, Ethereum whales’ third-largest holding is the meme-inspired cryptocurrency, behind Bitpanda’s ecosystem token ($BEST) and Locus Chain ($LOCUS).

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