According to recent data, the largest cryptocurrency investors in the Binance Smart Chain (BSC) ecosystem are gathering massive amounts of a popular meme currency as well as two competing blockchain protocols.
Shiba Inu (SHIB), the star among whales
WhaleStats recently presented data on the behavior of the 1,000 largest BSC wallets. The company discovered that several whales are very interested in a new cryptocurrency: Shiba Inu (SHIB). They have in fact purchased more than $4.23 million for the SHIB cryptocurrency.
WhaleStates reports that SHIB recently temporarily held the top spot for 24-hour trading volume among BSC whales, with an average purchase of $4,249 for 140,454,463 tokens.
Other cryptocurrencies are of interest to whales
Over the past 7 days, BNB whales have also shown real interest in Ethereum (ETH). They bought about 29 tokens for a bill of $91,397. As for the Polkadot (DOT) protocol, it too is on the list of the whales' biggest purchases in recent days. Whales made an average investment of $27,912 for 1,281 tokens.
At the time of writing this article, ETH is on the rise. The cryptocurrency is up more than 2 percent to $2,948, while DOT is trading at about $18.90.
Finally, let's get back to Shiba Inu (SHIB). Currently, this cryptocurrency has risen to the 14th position in the ranking of cryptocurrencies with a high market capitalization. In addition, it is trading at around $0.00003, which is an increase from its previous levels.
The whales are taking a closer look at new crypto-currencies, other than bitcoin (BTC). The crypto-currency that has their attention the most at the moment is the Shiba Inu (SHIB) which is currently trading at $0.00003.
Source: The Daily Hodl
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