The biggest meme coins, Dogecoin (DOGE) and Shiba Inu (SHIB), have entered the wallets of many investors with their low prices and popularity. However, some of these investors are so big that they are called “whales”. So, which cryptocurrencies do SHIB and DOGE whales buy from other than these coins? Here are the coins held by the SHIB and DOGE whales, according to the statistics of Whale Stats…
What is the focus of Dogecoin (DOGE) whales?
Whale Stats, which tracks the wallets of the top 100 Dogecoin (DOGE) investors on BNB Chain, provides interesting data. According to the data platform, crypto whales with large amounts of DOGE in their wallets also have the most Bitcoin (BTC). However, since Bitcoin cannot be traded on this network, the whales have BTCB exclusive to BNB Chain in their wallets. Whales hold 248 BTCB on average. This equates to approximately $5.5 million.
DOGE whales, on the other hand, keep US dollar-pegged stablecoins in their wallets. According to the data, the second largest coin held by whales was Tether (USDT). cryptocoin.com As we have also reported, Tether is the largest stablecoin by market cap. Whales cost approximately $5.56 million from Tether. Apart from USDT, DOGE investors also add Binance’s stablecoin BUSD to their wallets. According to the data, the whales have $2.2 million in BUSD in their wallets.
Apart from these, whales hold an average of 833 Ethereum (ETH). This amount corresponds to approximately 1.03 million dollars. The fourth most held coin after ETH is another stablecoin, USD Coin (USDC). Binance Beacon ETH followed USDC with an average of 466 tokens. Investors held $627,000 worth of 7Pixels, while approximately $610,000 worth of True USD was in their wallets. Finally, Radio Shack of $ 497,156 and FDOG Coin of $ 419 thousand were in the wallets.
What do SHIB whales have in their wallet?
When we look at the wallets of Shiba Inu whales, we do not see a very familiar sight. SHIB investors hold the most Ethereum (ETH) in their wallets, with an average of 10,094 coins. So, more than 10 times the investment of DOGE whales is in Shiba Inu whales. After ETH is LANDWORLD with a value of $ 8.8 million.
Shiba Inu whales also appear to have invested in the same stablecoins as DOGE whales. SHIB whales have invested $8.6 million in USDT. He also holds $3.8 million USDC and $2.8 million BUSD. Whales hold Chainlink (LINK) with $3.02 million, MATIC with $2.35 million, Silverway with $1.8 million, and CRO with $1.6 million, excluding stablecoins. Finally, there are 1.5 million MANA tokens with a value of $ 1.4 million in the wallet of giant investors.
