Main navigation

Large Ethereum Whales Grab 4.5 Trillion Shiba Inu As Price Begins to Recover

Sat, 09/24/2022 - 10:29
article image
Yuri Molchan
Over the past three days more than 4.5 trillion SHIB has been transferred by largest whales on Ethereum
Large Ethereum Whales Grab 4.5 Trillion Shiba Inu As Price Begins to Recover
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

WhaleStats tracker of largest wallets on Ethereum, BSC and a few other blockchains has reported that over the past three days, the top 100 whales on ETH have purchased more than 855 billion SHIB.

Besides, a few days ago, an eye-twitching 3.3 trillion Shiba Inu was transferred by anonymous wallets.

Related
Is Dogecoin Next? Ethereum's Vitalik Buterin Says Meme Coin Should Move to Proof-of-Stake

Whales grab transfer 4.35 trillion SHIB

According to the recent data published on WhaleStats website, over the past three days, top Ethereum wallet owners added a total of 855 614 973 262 Shiba Inu, worth $9.6 million.

On September 21, their comprised SHIB stash totaled $125,152,623 in Shiba Inu meme coins. By now, this amount of meme crypto has increased to $134,767,965 worth of SHIB.

Also, three days ago, two anonymous wallets exchanged a whopping 3,305,315,050,342 SHIB evaluated at $37,019,528. On the day of the transfer this sum in fiat was $2 million smaller.

Over the past 24 hours, Shiba Inu canine token gained more than 8 percent, rising to $0.00001147.

By now, however, the price has dropped 2.5 percent and the coin is trading at $0.00001118 on the Bitstamp exchange.

shibwhalesbuy_00q23435084t9urj
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.