FTX has now become the largest token holding among the top 100 Ethereum whales, second only to their ETH holdings. These Ethereum whales have always been bullish toward FTX. Presently, FTX Token tokens now make up 20.03% of the holdings of ETH whales. This puts the dollar value at nearly $1 billion. While USDC now makes up only 17.66% of their total holdings at $843.6 million.