ETH whales continue to stock up on Shiba Inu

Ethereum whales have been stocking up on Shiba Inu for months .

Meanwhile, the memecoin is the most popular altcoin among ETH whales. Together they hold 15 percent of the total supply. This is reported by Dailyhodl.com.

Recently, the fifth largest ETH whale, known as BlueWhale0073, struck again. He bought nearly $6 million in cryptocurrency. That tweeted data service provider Whale Stats.

In early April, the third largest Ethereum whale “Tsunade” also bought in .

Last week, memecoin's price skyrocketed 20 percent after popular trading app Robinhood listed it .

Memecoin officials met with Turkey's finance minister in March to discuss its adoption in Turkey . The Dogecoin alternative is particularly popular there.

The memecoin price fell by almost 8 percent on the presentation, losing slightly less than one percent in a week-to-week comparison.

The memecoin ranks 15th among the most valuable cryptocurrencies.

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