In the past year, Shiba Inu has shone glory by successfully recording important episodes of the year. Since from that benchmark SHIB is often known as the DOGE killer.
The SHIB cryptocurrency has also managed to emerge as the most viewed cryptocurrency asset on the CoinMarketCap platform in 2021, surpassing the top cryptocurrency assets including Dogecoin (DOGE).
However, in the beginning of 2022 until today the price of Shiba Inu has fallen from the price level of 0.00004 to 0.000024. However, the correction of the crypto market did not stop the ‘whale’ from starting to take steps to increase SHIB’s crypto holdings.
WhaleStats which is an indicator that tracks the 1,000 richest Ethereum addresses. The indication found that one of the addresses had added holdings of nearly 4 trillion Shiba Inu (SHIB) in the past 24 hours worth about $ 89 million.
The data shows the ehtereum -addressed whale ranked number 216 in terms of total assets has bought a large amount of Shiba Inu crypto. Looking at this overall asset distribution of ‘Whale’ its portfolio consists of 31.39% SHIB 59.62% ETH, and the rest is spread among other cryptocurrencies such as USDT and Chainlink (LINK).
At the time of writing, the price of SHIB does not show much price spike, only around 2%-3%. It should be noted that the development of sentiment at this point is not much in favor of the crypto market.
On the different side of the NFT Shiba Inu, Shiboshis has experienced a 70% price drop from an all -time high.
