ETH whales have purchased more than 1.6 trillion Shiba Inu (SHIB)

Shiba Inu has been moved in enormous pieces worth more than 1.6 trillion SHIB during the course of the last 24 hours. SHIB’s stock suffered a significant hit earlier today, shedding more than 6% of its worth, and whales pounced on the opportunity.

Whales Grab 1.6 Trillion Shiba Inu (SHIB)

In order to highlight these astounding SHIB transactions, the aforementioned Twitter user published links to Etherscan. An unidentified whale purchased 50,656,885,934 SHIB on Coinbase and withdrew the funds to a cold wallet. Etherscan, however, reveals that this whale really purchased three huge pieces of SHIB in addition to this one: 80,960,690, 130,204,348, and 8,756,682.

In order to highlight these astounding SHIB transactions, the aforementioned Twitter user published links to Etherscan. An unidentified whale purchased 50,656,885,934 SHIB on Coinbase and withdrew the funds to his cold wallet. Etherscan, however, reveals that this whale really purchased three huge pieces of SHIB in addition to this one: 80,960,690, 130,204,348 and 8,756,682.

Another investor purchased a sizable chunk of SHIB on Binance, totaling 199,999,679,531, and transferred it as well to a cold wallet. Between anonymous wallets, the largest SHIB transactions in this series moved a staggering 417,167,400,278 and 796,958,896,631 SHIB. Their respective values are $5,118,644 and $9,730,868. Due to a higher SHIB currency rate vs the USD at the time of purchase, the second transfer was worth about $1 million more.

According to to WhaleStats, the second most popular canine crypto SHIB has dropped from the top 4 positions among Ethereum whales’ holdings to the sixth spot. At the time of this writing, the largest 100 wallets on Ethereum contain $152,100,683 worth of Shiba Inu. This comprises 3.89% of their portfolio. LOCUS and stETH tokens are right ahead of SHIB, holding positions number 5 and 4.

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