Shiba Inu is again drawing attention and money of top Ethereum whales
WhaleStats crypto wallet tracker focused on whales’ addresses has reported that, in the past 24 hours, the interest of large investors in Ethereum in the Shiba Inu meme moneta has resumed, and it has become one of the most purchased tokens on the ETH chain.
In the meantime, SHIB burns continue, and over 110 million SHIB has been destroyed.
SHIB reenters the top purchased coins list
As per a recent tweet posted by WhaleStats, Shiba Inu has made its way back to the list of the 10 most purchased 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.
JUST IN: $ SHIB @shibtoken dabar yra 10 geriausių įsigytų žetonų tarp 100 didžiausių #ETH banginiai per paskutines 24 valandas?
Mes taip pat turime $ UNI, $ ANT, $TLM, $ LINK & $ OGN sąraše?
Banginių lyderių lentelė: https://t.co/N5qqsCBeXR#SHIB #banginiai #banginis kūdikis #BBW pic.twitter.com/Cm1IubfwlV
- WhaleStats (nemokami duomenys apie kriptografinius banginius) (@WhaleStats) Rugpjūtis 24, 2022
Whales grab $37.6 million in SHIB
Per figures recently shared on the WhaleStats website, over the past 24 hours, the top 100 Ethereum token holders have purchased over $37.6 million worth of Shiba Inu. This amounts to 2,827,067,669,172 SHIB. The second most popular canine token after Dogecoin is now holding fourth place 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 milijonų dolerių vertės SHIB. Now, they have bought nearly the same amount of the canine token.
110.4 million SHIB set aflame
A recently published tweet by Shibburn tracker says that, over the past 24 hours, another massive lump of SHIB has been sent to “inferno” wallets.
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.
Per pastarąsias 24 valandas iš viso buvo 110,485,436 XNUMX XNUMX $ SHIB sudeginti žetonai ir 7 sandoriai. apsilankymas https://t.co/t0eRMnhnPL norėdami pamatyti bendrą sumą #SHIB sudeginti žetonai, cirkuliuojantis tiekimas ir kt. #šibarmija
- Shibburn (@shibburn) Rugpjūtis 25, 2022
SHIB “urged” to soar to $0.01
While large investors are buying and selling millions of USD worth of SHIB to make profits, ordinary holders and businesses are burning these meme tokens in an attempt to remove as many SHIB as they can from the circulating supply in an attempt to push the SHIB price higher – to the $0.01 level and above it.
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 pakils iki 0.01 USD.
He has been bullish on this meme coin overall throughout the year.
Source: https://u.today/heres-whats-driving-whales-to-buy-more-shib