Top 3 Tokens ETH Whales Are Holding This Week: What's Driving Their Decisions?
As market sentiment becomes increasingly positive, crypto whales are buying several differentiating altcoins this week. But which tokens are attracting the most attention from these large-scale investors?
On-chain whale statistics have revealed that a large-scale investor dumped $2 million worth of ETH, thereby diversifying investment into 3 other tokens. These 3 tokens are experiencing increased activity, signaling a shift in whale strategies.
Here Are The Top 3 Tokens That ETH Whales Are Holding On To This Week:
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1. Shiba Inu (SHIB): A Whale Favorite
Ethereum Whales Top Holding: Shiba Inu. The top Ethereum whales are holding $1.5 billion worth of SHIB. Crypto whales have switched focus to the lower-cap altcoin market as demand for Bitcoin (BTC) and Ethereum (ETH) consolidates, making SHIB a prime target. According to the WhaleStats analysis, the top 5000 ETH whales hold FTX, SHiB, BEST, MATIC, MANA, LINK, CHSB, and OKB. FTX tokens rank the highest, showcasing Shiba Inu's consistent popularity among the elite.
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2. Wrapped Bitcoin (WBTC): Bridging the Gap
The ETH whales seem to be going after the top wrapped tokens at the moment. They have added around $86.3 million worth of 2951 Wrapped Bitcoin in the last 24 hours. This indicates a desire for Bitcoin exposure within the Ethereum ecosystem, allowing whales to leverage DeFi opportunities while holding a Bitcoin-pegged asset.
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3. ApeCoin (APE) & Polygon (POL): Growth and Potential
Apecoin (APE) experiences a 13% surge with whale addresses holding 640,000 APE, the highest level since November 2025. Polygon (POL) attracts whales with its scaling solutions and growing ecosystem. These tokens represent a bet on future growth and the continued expansion of the crypto landscape. Furthermore, Avalanche (AVAX) has also seen increased whale activity.
Ethereum (ETH) remains a cornerstone, with whales that hold between 1 million consistently holding it. However, the diversification into these altcoins reveals a strategy of seeking higher returns and capitalizing on emerging market trends.