The wealthiest Ethereum (ETH) whales added 383.7 billion SHIB to their portfolios overnight.
As reported by WhaleStats, the amount of SHIB held by top Ethereum whales increased dramatically overnight after purchasing another 383.7 billion meme tokens.
WhaleStats Data Shows SHIB Intake
The post shared by WhaleStats on Twitter shows which token the Ethereum (ETH) whales in the first 2000 held the most. In light of this data, ETH whales purchased 383.7 billion overnight from the popular meme token SHIB.
https://twitter.com/WhaleStats/status/1560929945475588096
Earlier this week, the owners of these wallets sold about $33 million in Shiba Inu. It reduced the SHIB value in its portfolios from $191.2 million to $158.5 million.
SHIB’s burn rate has increased significantly in the past days, and this has caught the attention of the crypto community. The Shiba Inu, which has remained popular since its launch and has been compared to another meme token, DOGE. After a short-lived rally, where it rose 38.5 percent since August 15, it lost almost all of its gains by falling 26.49 percent. As of writing, the meme token is Shiba Inu. (SHIB) is trading at $0.00001333, according to Binance data.
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