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72.46 Billion SHIB Dumped by Biggest Whales Overnight

Wed, 12/21/2022 - 15:30
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Yuri Molchan
Top whales have disposed of over 72 billion SHIB over past 24 hours, despite SHIB regaining its lost positions
72.46 Billion SHIB Dumped by Biggest Whales Overnight
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According to recent data shared by a large wallet tracker, 100 of the largest addresses on the Ethereum chain have dumped more than 72.4 billion of SHIB meme coins overnight.

Top 100 whales selling their SHIB

WhaleStats platform that traces data linked to the largest wallets on Ethereum, BSC, Polygon and other blokchains, has shared that since yesterday, the overall balance of SHIB held by the 100 largest wallets on Ethereum shrank by approximately $600,000. This is the equivalent of 72,463,768,115 Shiba Inu at the current SHIB/USD exchange rate.

They are now holding $48,082,449 worth of SHIB in total, compared to $48,697,308 on Dec. 20. Shiba Inu, nevertheless, remains on the top 10 list of these whales' holdings.

According to a recent tweet by the same data platform, the top 500 whales are holding $2 million worth of SHIB more than the top hundred wallets — $50,277,387.

SHIB Better Make Comeback During Next Bull Run: David Gokhshtein

SHIB regains 15th place on CoinMarketCap

The second largest meme token, Shiba Inu, has managed to recapture 15th place on the scale of the popular crypto reference site CoinMarketCap.

Recently, it has been pushed to 16th place from 14th place. Now, as SHIB's market cap value has risen, it moved back a step closer to the list of the top 10 cryptocurrencies.

At the time of this publication, Shiba Inu is sitting at $0.000008276, showing a decline of 1.26% in the past 24 hours.

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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