According to data from Etherscan, crypto whales bought large sums of Shiba Inu (SHIB) in a matter of hours.
Etherscan detected four transactions that transferred a total of 63 billion SHIB tokens to four wallets.
The first two of the four pieces of SHIB received were 6,114,330,557 SHIB and 1,087,650,366 SHIB. The remaining SHIB purchased, which Etherscan identified, was also around 28 billion.
28.041.132.100 SHIB was purchased by a wallet with address 0x0000006daea1723962647b7e189d311d757fb793. One of the receiving wallets currently holds 63,947,289,783 SHIB. According to Etherscan, that address is Wintermute, a crypto market maker that provides liquidity to crypto exchanges.
Another wallet, the wallet with address 0xcf98c7143d1fb818a4567e29f07e844e7d9ddfc2, purchased 28,127,901.3684 SHIB from a KuCoin wallet. According to the data, this purchased SHIB was the only SHIB entry in the wallet.