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Whales Buy $150 Million in Shib Since Sunday: Details

Wed, 08/03/2022 - 15:40
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Yuri Molchan
Over past two days, ETH whales' SHIB stash has increased by roughly $150 million
Whales Buy $150 Million in Shib Since Sunday: Details
Cover image via stock.adobe.com

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WhaleStats crypto tracker has reported that since Sunday, the overall amount of Shiba Inu has increased to $657,836,948 worth of this meme token.

However, this figure has been fluctuating as whales have been first selling SHIB, then buying it back again.

Whales grabbing $150 million in Shiba Inu

According to data shared by the aforementioned platform, on Sunday, the largest 100 Ethereum whales held a total of $508,672,407 worth of Shiba Inu meme token.

Just a few hours ago, the same tracking service tweeted that by now this amount of crypto has increased to $657,836,948.

Still, the whales' largest crypto holding remains Silverway (SLV). This coin is ranked 5,401 on CoinMarketCap and is trading at $0.0002483 presently, after showing a staggering growth of 107% over the past 24 hours.

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MATIC, MANA and LINK are also present on the list of whales' top holdings provided by WhaleStats.

Over the past seven days, the second largest canine token, SHIB, has increased in price by 11.11%, hitting $0.00001198 by now.

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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 yuri.molchan@u.today.