9 billion SHIB taken over by whales as price rises

Yuri Molchan

According to etherscan data, whales have bought more than 9 billion Shiba Inu as the price of the coin rises gradually

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

Etherscan shows that in the past few hours, three crypto wallets have seen an influx of SHIB totaling more than 9 billion tokens, which could represent a huge purchase.

Image via ether scan

In the past two weeks, the second largest meme cryptocurrency, SHIB, has fallen sharply, from the $0.00003227 level on January 14.

Image via ether scan

Today, on January 29, the meme crypto is showing a slight increase of almost 5 percent, trading at $0.00002148 at the time of writing.

Whales have been buying more from SHIB lately. Earlier this week, U.Today reported that two of the top 1,000 Ethereum whales had bought a whopping 106 billion Shiba Inu.

According to data recently shared by WhaleStats, ETH whales in total now have a staggering $1.5 billion worth of SHIB.

Leave a Reply

Your email address will not be published.