The WhaleStats platform, which analyzes wallets on blockchain networks, reported that Ethereum whales have purchased 855 billion SHIBs in the past few days.
According to the reported analysis, whale wallets that made massive SHIB transfers a few days ago moved a total of 3.3 trillion tokens. Due to the size of the transfers, it has been suggested that Ethereum whales are expecting a strong SHIB rise.
Ethereum Whales Gather SHIB, Is Rise Coming?
According to the latest data published on the WhaleStats website, Ethereum whales have purchased a total of 855 billion SHIB tokens in the past three days, worth approximately $9.6 million.
The whales multiplied the SHIBs in their wallets throughout the month, bringing the token asset value to a total of $125 million. According to the analysis made by the platform, the result, made in the light of data from the top 100 whales, revealed that there is an intense interest for the popular meme token.
Also recently, two anonymous whale wallets exchanged SHIB tokens worth approximately $37 million between themselves. At the time of the swap, the meme token had a strong buying volume.
SHIB had started a strong price rise with the developments and intense interest it announced recently. In particular, users who wondered why SHIB rose, made intense searches on social media. It is claimed that a strong rise will be seen with the start of SHIB game platforms and burning plans.
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