Shiba Inu is Once Again the Favorite of ETH Whales: Here's What Data Tells Us
The popular canine memecoin Shiba Inu (SHIB) is at the center of the Ethereum (ETH) whales’ attention once again. In a surprise twist, the crypto market is seeing a resurgence in the popularity of Shiba Inu (SHIB) among big Ethereum (ETH) holders. But why the renewed interest? The data reveals intriguing insights into the behavior of these significant investors.
Shiba Inu: Back on Top for ETH Whales
According to data provided by WhaleStats, SHIB has once again returned as the largest holding of the top ETH whales after Ethereum. This position had previously been surpassed, but recent movements suggest a shift in strategy. Data from WhaleStats has shown that Shiba Inu has returned as a whale favorite. The site which tracks the top 1,000 ethereum wallets by volume of ETH held showed that whales have continued to up their holding in the meme coin. As of 14 de sept. de 2025, Shiba Inu was holding the top rank in terms of assets managed by the top 5000 Ether whales, according to data from Whalestats.
WhaleStats Reveals Significant SHIB Accumulation
According to Whale Stats, Two ETH whale wallets bought more than 533 billion Shiba Inu tokens in July. This cumulative purchase amounted to be for US$5.6 million. This substantial investment underscores the confidence, or at least the perceived potential, that these whales see in Shiba Inu.
Holding Strong: Whales are Sticking with SHIB
Recent data from Whalestats shows that Ethereum whales have been holding onto their Shiba Inu coins. Not only that, they have been buying more. The data shows that ETH whales are not simply holding; they are actively increasing their SHIB positions.
The Question of Whale Control: A Double-Edged Sword
On-chain data from Santiment reveals that Shiba Inu (SHIB) has the highest level of whale control among top altcoins. The top 10 largest wallets hold 61.3% of SHIB’s total supply. This high concentration raises a critical point: On-chain data by Santiment revels that top ten wallets hold 61.3% of Shiba Inu's total supply, raising concerns over potential price volatility. While significant whale support can drive prices upward, it also presents a risk of market instability should these large holders decide to sell off their positions.
What Does This Mean for SHIB's Future?
The resurgence of Shiba Inu as a favorite among ETH whales is a significant development. While the concentration of SHIB in a few wallets warrants caution, the continued accumulation by these large investors suggests a belief in its potential. Keep a close eye on WhaleStats and Santiment for further insights into whale activity and its potential impact on the future of Shiba Inu.