Advertisement
AD

Main navigation

Advertisement
AD
Advertisement

477 Billion SHIB Acquired by Whales, Here’s What’s Behind It

Advertisement
Tue, 27/09/2022 - 15:48
477 Billion SHIB Acquired by Whales, Here’s What’s Behind It
Cover image via stock.adobe.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

Data provided by Etherscan shows that over the past 24 hours, two large amounts of Shiba Inu were transacted and spotted by @shibaplay_ Twitter user.

Advertisement

418,616,148,963 and 58,373,309,353 SHIB tokens were moved. Data from Etherscan shows that the 418.6 billion shift was made internally by Binance exchange and the second lump of meme crypto was sent between anonymous digital wallets.

The latter looked like a transfer to a different wallet of the same owner or a sale made between two crypto whales.

Advertisement

Over the past 24 hours, the second largest meme token SHIB demonstrated a rise by 4.59 percent, thus giving an opportunity to traders to lock in some profits if they wish to do so and hitting the $0.00001140 level. By the time of this publication, the price has climbed down a little, now sitting at $0.00001125 on the Binance exchange.

Related

Overall, top Ethereum whales are still holding their SHIB, even though their once mind-blowing stashes have greatly shrunk these days when Bitcoin dropped below $19,000 but now has managed to regain the $20,000 mark.

According to WhaleStats, the top 1,000 whales on Ethereum currently own $133,680,683 worth of Shiba Inu. The sum remains impressive as it is the equivalent of 11,861,640,017,746 Shiba Inu.

A
A
A

Related articles

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD