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152 Billion SHIB Sold by Whales over Weekend after Buying 700 Billion

Mon, 09/12/2022 - 13:42
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Yuri Molchan
Whales sell massive lump of SHIB after buying more than 4x merely two days ago
152 Billion SHIB Sold by Whales over Weekend after Buying 700 Billion
Cover image via stock.adobe.com

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As reported by WhaleStats tracker of the largest digital wallets on Ethereum chain, over the past two days, the top ETH whales have dumped a total of 152,788,388,082 SHIB. This amount of crypto is worth around $2 million.

According to an earlier tweet, these wallets held $158,510,961 worth of SHIB. The following day, they contained $156,980,847. By now, this amount has dropped to $156,497,383 in SHIB.

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Image via WhaleStats

Prior to that, as U.Today reported on Saturday, the largest Ethereum wallets had acquired roughly 600 billion meme tokens within 24 hours. By Sunday, they had bought another $1.2 million worth of SHIB, which equals 91,393,754,760 Shiba Inu at the current SHIB/USD exchange rate.

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Earlier today, the second largest meme coin rose in price by nearly 3% — from $0.00001285 to $0.00001315.

At press time, SHIB is changing hands at $0.00001313 on the Binance exchange.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.