Shiba Inu is again drawing attention and money of top Ethereum whales
The WhaleStats crypto wallet tracker, focused on whale addresses, has reported that, over the past 24 hours, the Shiba Inu meme coin has seen a resurgence of interest from large investors in Ethereum, and is one of the most bought tokens on the ETH chain. has become one.
In the meantime, SHIB burns continue, and over 110 million SHIB has been destroyed.
SHIB re-enters the list of top bought coins
According to a recent tweet posted by WhaleStats, the Shiba Inu has made it to the list of the 10 most bought tokens by the 100 largest Ethereum whales.
Large holders of Ethereum tokens from time to time first buy and then sell astonishing amounts of SHIB in order to speculate and lock in profits from the meme coin’s price fluctuations.
SHIB. Whales grabbed $37.6 million in
According to data recently shared on the WhaleStats website, the top 100 Ethereum token holders have bought over $37.6 million in Shiba Inu over the past 24 hours. This amount is 2,827,067,669,172 SHIB. The second most popular canine token after Dogecoin now ranks fourth among whales’ assets, accounting for 5.26% of their massive portfolio.
The first two places continue to belong to USD-based stablecoins USDT and USDC. At the time of this writing, the whales are storing $157,364,016 worth of SHIB in their wallets, compared to $119,787,272 in Shiba Inu held on Wednesday. This was a result of selling $37.3 million worth of SHIB. Now, they have bought nearly the same amount of the canine token.
110.4 million SHIB set on fire
A recent tweet published by Shibburn Tracker states that, over the past 24 hours, another large lump of SHIB has been sent to the “Inferno” wallet.
This time, seven transactions managed to burn a total of 110,485,436 Shiba Inu. The largest amount of SHIB burned over the last 24 hours, according to the Shibburn website, has been 49,896,943 Shiba Inu 21 hours ago.
SHIB $0.01 . “urged” to climb up to
While large investors are buying and selling millions of USD of SHIB to make a profit, common holders and businesses burn these meme tokens in an attempt to remove as much SHIB from the circulating supply as possible in an effort to further increase the SHIB value. are. – $0.01 level and above.
Recently, crypto influencer David Gokhshtein took to Twitter to share his hope that Shiba Inu will reach this price level soon. He tweeted that he needs “SHIB to do him a favor” and rise to $0.01.
He has been bullish on this meme coin all year.
