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36.8 Billion SHIB Bought by Several Whales Just Now: Details

Thu, 02/10/2022 - 15:21
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Yuri Molchan
Nearly 40 billion SHIB have been purchased and transferred within just a few minutes, as per freshly provided data
36.8 Billion SHIB Bought by Several Whales Just Now: Details
Cover image via stock.adobe.com

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Data from Etherscan shows that less than an hour ago, within just several minutes, a mind-blowing amount of Shiba Inu tokens was transferred—more than 36.8 billion Shiba Inu in total.

Almost 37 billion SHIB transferred by whales and exchanges

Etherscan crypto tracker has spotted 10 large transactions, carrying a minimum of 1.184 billion Shiba Inu—the second largest meme cryptocurrency by market cap after Dogecoin.

Some of these transfers seem to be made by owners between crypto exchanges—from Binance to Uniswap, for example.

However, several massive SHIB transfers were made between wallets, and one came from Binance to a crypto address; these were likely acquisitions.

Each transferred amount of SHIB constituted from 1.18 billion to 4.9 billion SHIB tokens. The total worth of transferred crypto here stands at $1,165,456.

Whales have been laying their hands on Shiba Inu quite often recently. New SHIB whales have also been emerging as of late. Two days ago, U.Today reported that an anonymous investor purchased a whopping 3,457,477,154,937 tokens worth $109,498,301.

SHIBetherscan00_billions
Image via etherscan

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SHIB becomes largest token by USD value for ETH whales

As covered by U.Today earlier, Shiba Inu canine cryptocurrency has again become the largest token by USD value for the top 1,000 Ethereum whales and, therefore, the second biggest holding for them after Ether.

Right now, the biggest of the Ethereum whales, according to WhaleStats metrics, own $1,773,025,189 worth of SHIB, and this meme crypto is taking up 16.62% of their portfolios. FTX Token (FTT) is sitting right next to it, constituting 16.2% of crypto held in the portfolios.

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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.