E Point Perfect

Hundreds of Billions of SHIB Moved as SHIB Becomes Most Wanted Coin for Whales


article image

Yuri Molchan

Over trillion Shiba Inu coins have landed in these two wallets as whales have placed focus on SHIB


Twitter user @shibaplay_, who represents a burn project from the SHIB army, spreads the word about two massive Shiba Inu lumps made recently.

Meanwhile, a major wallet tracker says that Shiba Inu has become one of the most purchased coins by Ethereum whales again.

1.2 trillion SHIB lands in these two wallets

The two SHIB transactions mentioned above took place roughly 11 hours ago. Each carriedΒ 648,463,405,610 meme coins. Together these two chunks of canine crypto were evaluated at $12,000,000 at the time of making those transfers – that is 1.2 trillion SHIB in total.

According to details shared by Etherscan, both transactions were made from the same crypto wallet – 0x4d57a8bacd4bf5040c44be4ef7829be886fb2512 – which now holds zero Shiba Inu.

The first wallet was brand new and now contains only the received amount of SHIB – 648,463,405,610. The second one currently holds a total of 1,170,071,466,685 meme coins.

Image via Twitter

Whales are after SHIB, data shows

According to a recent tweet by WhaleStats, Shiba Inu is now on the top 10 list of the most purchased cryptocurrencies by the top Ethereum whales.

SHIB often emerges on this list as whales begin “hunting” this meme coin for gains. At the time of this writing, the coin is changing hands at $0.000009266, showing a rise of over 4.57% in the past week.


Source link

Related posts

Dogecoin (DOGE) Co-founder Has Something To Say About Bear Market

Cardano Critic Makes U-Turn After Calling It “Ph.D. Graveyard,” Praises Incoming Upgrades

MegaWorld Game Celebrates BNB Chain Launch with $1 Million Airdrop

JPMorgan CEO Calls Bitcoin (BTC) ‘Hyped-up Fraud’

Crypto News Digest by U.Today

Dormant Whale Wallet Sends ETH Up by 8% After Making This Move