760 Billion SHIB on Move as SHIB Returns to Whales’ Top 10 Holdings

Please fol­low and like us:
Pin Share


article image
Yuri Molchan

Close to tril­lion Shi­ba Inu have been trans­ferred, but top Ethereum whales have bought many times more SHIB than that

Con­tents

Data from Ether­scan shows that in the past 20 hours, two astound­ing lumps of SHIB have been trans­ferred, sum­ming up to near­ly 800 bil­lion meme coins.

In the mean­time, the inter­est of the top 100 Ethereum whales in that coin seems to have returned as SHIB is back on the list of the top 10 held cryp­to coins.

Close to 800 billion SHIB transferred

Accord­ing to Ether­scan, around 20 hours ago, a total of 760 bil­lion SHIB were trans­ferred in two chunks, along with a cou­ple of much small­er trans­ac­tions, car­ry­ing 50 bil­lion meme coins each.

The biggest one, car­ry­ing 419,497,861,322 SHIB, was shov­eled by the Binance exchange between its own wal­lets. That was most like­ly done as part of the proof-of-reserves audit sug­gest­ed by CZ for Binance itself and for oth­er cryp­to exchanges after the FTX cryp­to giant’s founder Sam Bankman-Fried filed for insol­ven­cy in the ear­ly days of November.

The sec­ond trans­ac­tion, 339,397,509,444 SHIB, was moved from one anony­mous wal­let to anoth­er. The sender’s wal­let now stands emp­ty of SHIB tokens, while the receiver’s address con­tains only the SHIB gained in the afore­men­tioned trans­ac­tion. This could be either a sale or a relo­ca­tion of funds to a new wallet.

Top ETH whales buy 7.7 trillion SHIB

Accord­ing to wal­let track­ing ser­vice WhaleStats, over the past 24 hours, the sit­u­a­tion for Shi­ba Inu and the largest 100 wal­lets on Ethereum chain has rad­i­cal­ly changed.

If for the past three days, SHIB was not on the top 10, nor on the top 20 list of assets held by these whales, today it is back in top fifth place after Ethereum, USDT, USDC and stETH.

At the time of this writ­ing, these largest whales on ETH con­tain $70,346,254 in meme cryp­to. This is the equiv­a­lent of a whop­ping 7,730,357,582,417 Shi­ba Inu.

SHIBwhales_ethback003rgep9ioui23hr4324
Image via WhaleStats

Source link

Please fol­low and like us:
Pin Share

Leave a Reply

Your email address will not be published. Required fields are marked *