Main navigation

Anon Whales Grab 560 Billion SHIB as Meme Coin Regains Its High Position

Fri, 09/30/2022 - 12:42
article image
Yuri Molchan
Whales buy astonishing amounts of Shiba Inu as token is back on top of asset list
Anon Whales Grab 560 Billion SHIB as Meme Coin Regains Its High Position
Cover image via stock.adobe.com

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Read U.TODAY on
Google News
Contents

Over the past four hours, several massive amounts of Shiba Inu tokens have been moved. Two of these four transfers were conducted with the participation of Binance exchange.

In the meantime, Shiba Inu maintains its high position as ETH whales' top asset, which it regained earlier this week.

560 billion SHIB on move

According to Etherscan, lumps of 200,000,000,000 and 158,081,037,000 SHIB have been transferred between anonymous digital wallets.

Two transfers carrying 100,000,000,000 Shiba Inu each were bought on Binance exchange and sent to the 0xef686ec84eea2eae6f59cbc704d05b939f8fb385 address. These 200 million SHIB are evaluated at $2,224,000.

At the time of writing this article, the address that received this crypto stands empty of SHIB.

SHIB200bln_009823u43rit3289032rgh
Image via Etherscan

Related
"Amazon SHIB Burner" Sets Record by Destroying Highest Monthly Amount This Year

SHIB holds top asset status, ETH whales add $4 million in Shiba

Two days ago, Shiba Inu recovered the status of the biggest holding in the USD equivalent of the 100 largest wallets on Ethereum chain. Since then, it has managed to maintain it, while the top ETH whales have bought another $4 million in Shiba Inu.

This is the equivalent of 361,010,830,324 meme tokens. Now they hold $136,956,295, versus $132,953,632 two days ago, according to data provided by WhaleStats wallet tracker.

SHIBETHwhales_00932849u35io48978
Image via WhaleStats
article image
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.

m class="card__subscribe-form" method="post" action="#" id="subscribe">

Popular