As reported by WhaleStats, the amount of shib held by the top Ethereum whales has substantially increased overnight after they acquired another 383.7 billion meme tokens.
According to a recent tweet, whales on Ethereum are presently holding a total of $163,682,816 worth of Shiba Inu in their wallets. This is a substantial increase overnight — on Friday, they held $158.5 million in this popular meme coin.
Thus, they have bought $5.1 million worth of SHIB overnight, which equals to 383,747,178,329 meme coins.
? די שפּיץ 2000 # עטה וויילז זענען כאַדלינג
$163,682,816 $ SHIB
$82,853,196 $BIT
$77,730,824 $LOCUS
$76,015,976 $ מקר
$63,142,104 $ LINK
$56,822,133 $ UNI
$53,213,990 $ MANA
$47,610,528 $ בעסטערווייל לעאַדערבאָאַרד?https://t.co/R19lKnPlsK pic.twitter.com/vGH5VlQBJ2
- WhaleStats (פריי דאַטן אויף קריפּטאָ וויילז) (@WhaleStats) אויגוסט קסנומקס, קסנומקס
Earlier this week, owners of these wallets sold roughly $33 million in Shiba Inu, making their stash shrink from $191.2 million to $158.5 million worth of it.
After its recent short-lived rally where it rose by 38.5%, since August 15, Shiba Inu has declined by 26.49%, losing nearly all its gains.
At the time of writing, the meme coin is changing hands at $0.00001315 on the Binance exchange.
Source: https://u.today/whales-grab-3837-billion-shib-overnight-report