2022-11-29
This week, the whales have transferred a huge amount of Shiba Inu (SHIB) coins. Not to transfer back and forth between wallets, sell and buy SHIB. Among these SHIB movements. The 100 largest whales on the Ethereum chain sold SHIB worth about $2 million two days ago over the weekend.
Now, these coins (and a few others) are back in their wallets, having been bought back within the last 24 hours, according to data from the WhaleStats platform. These investment movements were the result of a surge in SHIB trading volumes that last week rose alarmingly to 7,449,053.83% in the last 24 hours.
The
volume’s also increase persists, with an increase of just 102%.
ref. u.today
Whales bought back over 324,000 SHIBs
According
to data provided by WhaleStats, Ethereum Whales are holding SHIBs worth a total
of over $69,169,207 in SHIB. As of Friday, SHIB coins in their holdings had a
total value of $66,326,515.
As a
result, they bought SHIB for a total of over $3 million. If it accounts for
Shiba Inu coins, then it is equal to 323,974,082,073 SHIB, SHIB now accounts
for 3.49% of the coins in their holdings.
However, when compared to September and October, the top 100 Ethereum whales hold more than $100 million worth of SHIBs. They now hold less than $70 million in SHIB.