Shiba Inu becomes the largest ERC-20 holding among top 1,000 ETH wallets

Shiba Inu regains its place as the king of ERC-20 among the Ethereum whales or the top 1,000 biggest addresses on the network.

After a strong 50% market correction, Shiba Inu lost part of its capitalization and, more importantly, popularity among Ethereum whales that decided to shift attention to other tokens that they seem to believe have a growth potential greater than SHIB: BEST, OKB and CRO.

But after the global sell-off on the cryptocurrency market, whales shifted their positions toward more “traditional” tokens, which currently remain on top among ERC-20 holdings with 17.4% domination.

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