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Whales Grab 600 Billion SHIB Overnight As Number of SHIB Holders Hits New ATH

Sat, 09/10/2022 - 12:22
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Yuri Molchan
Top investors have bought nearly 600 billion SHIB worth $7.8 million
Whales Grab 600 Billion SHIB Overnight As Number of SHIB Holders Hits New ATH
Cover image via www.freepik.com

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As per data shared by wallet tracker WhaleStats, over the past 24 hours, largest whales on Ethereum have scooped up nearly $8 million worth of SHIB – nearly 600 billion Shiba Inu.

600 billion SHIB added to wallets

Website of on-chain data tracker WhaleStats focused on largest cryptocurrency wallets shows that over the past 24 hours, the top 100 Ethereum whales have purchased $7.8 million in the second largest canine crypto Shiba Inu.

This constitutes an astounding 598,618,572,524 meme coins. At press-time, a total of $155,743,555 worth of SHIB has settled in their wallets. SHIB now comprises 5.29 percent of their portfolio.

On Friday, they held $148 million in Shiba Inu, as per WhaleStats.

SHIBbought_098u2ewdf093223
Image via WhaleStats

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SHIB holder count hits ATH

The number of wallets holding SHIB has reached a new historic high, adding nearly 3,500 holders in the past four days. Tweet of the Shib 2022 user came out on Friday and it shows 1,219,811.

However, today’s data from WhaleStats says that the current number of SHIB holders stands at 1,220,124.

Still, BabyDoge remains ahead of Shiba Inu with its 1,613,902 token owners.

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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.