Breaking Crypto News | Big Money to Flow into SHIB Ecosystem

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Shiba Inu most traded crypto under top 100 ETH whales – Big money to flow into SHIB ecosystem
WhaleStats data shows that SHIB was the most purchased token among the top 2000 ETH whales.
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SHIB is also projected to welcome massive retail interest in 2023.
Despite bearish trading in the market, memecoin Shiba Inu (SHIB) continues to enjoy popularity among large Ethereum investors.
This was noted by WhaleStats, a platform that tracks the top 5000 biggest Ether (ETH) wallets. Per WhaleStats data, SHIB broke into the top 10 most purchased tokens of the 2000 biggest ETH whales on Dec. 29.
The latest data from the platform shows that SHIB is currently the most traded token of the top 100 largest wallets. These 100 entities collectively hold 20 percent of the total circulating supply of SHIB. Their average SHIB balance is 1.9 billion SHIB tokens worth around $16.3 million.
The data points to a massive dip in buying activity by the whales. Meanwhile, the trend has been building up over the past few months amid declining retail interest according to data from Santiment.
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