With $1.4 billion in large wallet balances at press time, Shiba had lost top place as the largest holding on whale-tier addresses. The approximately $250 million SHIB sell-off was also not in the asset's favour. The FTX token, on the other hand, has increased in value even further, with whales recently investing another $100 million worth of tokens, bringing the total amount of investments to $1.5 billion.