Top whales have disposed of over 72 billion SHIB over past 24 hours, despite SHIB regaining its lost positions
According to data recently shared by a major wallet tracker, the 100 largest addresses on the Ethereum chain dumped more than 72.4 billion SHIB meme coins overnight.
Top 100 whales selling their SHIB
WhaleStats platform that traces data linked to the largest wallets on Ethereum, BSC, Polygon and other blokchains, has shared that since yesterday, the overall balance of SHIB held by the 100 largest wallets on Ethereum shrank by approximately $600,000. This is the equivalent of 72,463,768,115 Shiba Inu at the current SHIB/USD exchange rate.
He now holds a total of $48,082,449 worth of SHIB, compared to $48,697,308 on 20 December. The Shiba Inu, nevertheless, remains on the top 10 list of these whale holdings.
According to a recent tweet by the same data platform, the top 500 whales are holding $2 million worth of SHIB more than the top hundred wallets — $50,277,387.
SHIB ranks 15th on CoinMarketCap
The second largest meme token, Shiba Inu, has managed to occupy the 15th place on the scale of the popular crypto reference site Coinmarketcap.
Recently, it has been pushed to 16th place from 14th place. Now, as SHIB’s market cap value has risen, it moved back a step closer to the list of the top 10 cryptocurrencies.
At the time of this publication, the Shiba Inu is sitting at $0.000008276, showing a decline of 1.26% over the past 24 hours.
