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9 Billion SHIB Acquired by Whales as Price Goes Up

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Sat, 29/01/2022 - 16:00
9 Billion SHIB Acquired by Whales as Price Goes Up
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Etherscan shows that in the past few hours, three crypto wallets have seen an inflow of SHIB totalling more than 9 billion tokens, which could signify a massive purchase.

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SHIB2billion
Image via Etherscan

Over the past two weeks, the second largest meme cryptocurrency, SHIB, has been declining heavily, dropping from the $0.00003227 level on January 14.

SHIB2billion_000e3e3x
Image via Etherscan

Today, on January 29, the meme crypto shows a slight increase of almost 5 percent, trading at $0.00002148 at the time of writing.

Whales have been purchasing more of SHIB recently. Earlier this week, U.Today reported that two of the top 1,000 Ethereum whales had bought a massive 106 billion Shiba Inu.

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More MATIC, FTX Token, LUNA Bought by Whales as They Keep Betting on These Coins

Overall, according to the data shared by WhaleStats recently, ETH whales now hold a staggering $1.5 billion worth of SHIB.

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