24/7 Cryptocurrency News

Top 100 ETH Whales Dump Shiba Inu (SHIB) For This Metaverse Token

The top 100 Ethereum (ETH) Whales have dumped the Shiba Inu coin token from their tally for a metaverse token.
Published by
Top 100 ETH Whales Dump Shiba Inu (SHIB) For This Metaverse Token

Shiba Inu Coin News: Shiba Inu (SHIB), the world’s second largest meme crypto recorded a nice surge over the past week. However, troubling news has landed for the SHIB Army as the top 100 Ethereum Whales have dumped the Shiba Inu token from their tally for a metaverse token.

Advertisement

Whales dumping Shiba Inu Coin?

According to WhaleStats, Shiba Inu is now not the biggest holding among the top 100 largest Ethereum whales. In fact, whales have dumped the complete SHIB holding. As per the data, Decentraland (MANA) is now the biggest token held by the ETH whales.

Earlier, Coingape reported that the top Ethereum whales are holding more than $76.5 million worth of Shiba Inu coin. The whale tracker on November 29 reported that the top 100 ETH whales were holdings over $68 million worth of Shiba Inu.

However, whales are now holding $1.05 million worth of MANA tokens. It is estimated to be 35% of the total holding.

On the market side, Shiba Inu prices are up by over 9% in the last 7 days. SHIB is trading at an average price of $0.000010, at the press time. Its 24 hour trading volume is up by 73% to stand at $194.6 million.

On the other hand, Decentraland has jumped by 5% over the past 24 hours. MANA is trading at an average price of $0.423, at the press time. Its 24 hour trading volume is up by 65% to stand at $79.2 million.

Advertisement

Share
Ashish Kumar

Ashish believes in Decentralisation and has a keen interest in evolving Blockchain technology, Cryptocurrency ecosystem, and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he is not writing, he is playing video games, watching some thriller movie, or is out for some outdoor sports. Reach me at ashish@coingape.com

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • 24/7 Cryptocurrency News

Cyber Hornet Seeks SEC Nod for S&P 500 and XRP ETF

Cyber Hornet has filed with the U.S. Securities and Exchange Commission (SEC) to launch a…

September 27, 2025
  • 24/7 Cryptocurrency News

Cathie Wood’s Ark Invest Eyes Stake in Tether as USDT Issuer Targets $500B Valuation

Tether Holdings is preparing for one of its biggest funding rounds, with two global investors…

September 26, 2025
  • 24/7 Cryptocurrency News

Kraken Secures $500M at $15B Valuation, Eyes IPO in 2026

Kraken raised $500 million, increasing its valuation to $15 billion, setting the stage for a…

September 26, 2025
  • 24/7 Cryptocurrency News

Bybit Lists Ripple’s RLUSD Following BlackRock and VanEck Integration

Crypto exchange Bybit has announced its listing of Ripple's RLUSD amid the stablecoin's growing adoption.…

September 26, 2025
  • 24/7 Cryptocurrency News

SWIFT Plans Stablecoin and On-Chain Messaging Pilot on Linea, Challenging Ripple

The world's largest interbank messaging network SWIFT has selected Ethereum layer 2 platform Linea to…

September 26, 2025
  • Bitcoin News

Breaking: U.S. PCE Inflation Rises To 2.7% YoY, Bitcoin Bounces

The August U.S. PCE inflation data has dropped in line with expectations, although it suggests…

September 26, 2025