1INCH Flips Tether and Shiba Inu Top Ethereum Wallet Holdings
1INCH ay lumampas panugas USDT and Shiba Inu (SHIB) in the ranks of the cryptocurrencies being held by the top 100 Ethereum wallets due to increased demand by whales. 1INCH holders received positive news on Sept. 6 when the 1inch Network anunsyado that a total of 300,000 Pag-asa sa mabuting ibubunga (OP) tokens would be distributed among its users in a move to incentive their activity on the Optimism Network. This week the token flipped USDT, the largest stablecoin by market capitalization , and SHIB, the second-largest meme-inspired digital asset in terms of top-10 Ethereum pitaka holdings on Sept. 11. The average quantity of 1INCH held was 15,877, corresponding to $6.6 million in the average amount held. The average quantity of USDT held was slightly above $6 million while SHIB was around $1.5 million. Aside from USDT and SHIB, the token has also surpassed Lido Staked ETH (stETH), Locus Chain (LOCUS), Nakabalot na Bitcoin (WBTC), BitDAO (BIT), and Dai (Dai). However, it still trails Circles USDC at Ethereum (ETH) – the dominant asset on the Ethereum blockchain. 1INCH is now the third most held token by the top 100 Ethereum wallets Overall, the total amount of 1INCH held by the top 100 Ethereum wallets was