A record amount of Shiba Inu has been dumped by ETH whales over the past three days
The biggest Ethereum chain wallets have sold more than 1.1 trillion Shiba Inu in the last three days. A recent sale of this meme token cost the Binance exchange around 61 billion SHIB.
Whopping 1.1 Trillion SHIB Sold by Whales as They Rush to Get Rid of Shiba
According to the aforementioned wallet tracker, starting September 14, the top Ethereum whales’ SHIB stockpile has decreased from $152 million to $142 million and now only has $140 million in Shiba Inu. 1,115,879,828,326 SHIB are valued in this amount of USD, which is astounding.
A most recent transaction carried a total of 60,921,271,741 SHIB to the Binance exchange, which was done most likely to sell this crypto.
Whales have been dumping SHIB throughout the week has the token has been going down. According to data from CoinMarketCap, over the past seven days, the second largest meme coin has lost slightly more than 10% of its market value.
— ShibaPlay (@shibaplay_) September 17, 2022
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