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According to WhaleStats' analysis of the top 100 Shiba Inu holders, the average balance held by these large holders has risen by a whopping 18%.
This comes as whales continue to accumulate Shiba Inu amid the recent price drop. Over the weekend, U.Today reported the Ethereum whale, Gimli, grabbing 750 million SHIB in three different transactions.
🏆 New Record: $SHIB reaches an astonishing 1,200,000+ holders.
— WhaleStats (free data on crypto whales) (@WhaleStats) July 11, 2022
Current Holder Count: 1,200,006
💹 The top 1000 ETH wallets are holding 56,253,165,153,694 $SHIB ($624,403,475 USD)
Source: https://t.co/keN3btSnKj#SHIB #ShibArmy
Currently, the top 1,000 ETH wallets are holding 56,253,165,153,694 SHIB valued at $624,403,475. The Shiba Inu holder count has also reached the 1.2 million mark, setting a new milestone. The recent growth seen in the number of holders might not impact prices in the near term but signifies interest in an asset over the long term.
In the past 24 hours, there have been a total of 69,507,755 $SHIB tokens burned and 11 transactions. Visit https://t.co/t0eRMnyZel to view the overall total of #SHIB tokens burned, circulating supply, and more. #shibarmy
— Shibburn (@shibburn) July 11, 2022
According to the Shibburn Twitter handle, in the past 24 hours, there have been over 69,507,755 SHIB tokens burned, and 11 transactions were made.
In the last 7 days, there have been a total of 918,640,569 $SHIB tokens burned and 100 transactions. #shibarmy
— Shibburn (@shibburn) July 10, 2022
In the last seven days, more than one billion Shiba Inu tokens were torched, as the Shibburn Twitter handle reported on July 10 that over 918,640,569 SHIB tokens had been burned, and 100 transactions were made.
Shiba Inu gets into boxing ring in Argentina
As reported by the Shiba Inu Army Argentina Twitter handle, female boxer Viviana Palavec has chosen to wear the SHIB logo on her sports outfit in solidarity with SHIB.
Bienvenida @VivianaPalavec8 a la #SHIBARMY, es un honor que formes parte de esta hermosa familia y lleves el logo de shiba a todas tus peleas 🥊♥️
— Shiba Inu Army Arg 🇦🇷 (@ShibaInuArmyArg) July 10, 2022
Es una muestra que #shiba se puede adoptar de cualquier manera posible en el mundo del deporte 🚀🌎. pic.twitter.com/dcbFYZaLjX
The translation of the note in the tweet reads: "Welcome VivianaPalavec8 to Shibarmy, it is an honor that you are part of this beautiful family and wear the Shiba logo to all your fights. It is a sample that Shiba can be adopted in any possible way in the world of sport."
At the time of publication, SHIB was changing hands at $0.000011, down 2.61% in the last 24 hours.
Arman Shirinyan
Dan Burgin
U.Today Editorial Team
Vladislav Sopov