Dropping to 14th place by market cap, the Shiba Inu sets another record low in daily volatility, while Ethereum whales are losing their previous interest. According to WhaleStats data, Ethereum whales are now stashing from this altcoin…
SHIB dropped to third place
At the time of writing, the Shiba Inu is losing its second place among whales and largest Ethereum wallets. It also ranks third with 5.9% dominance, while its next opposition remains the large position of “other tokens”. According to market data, SHIB has more than $14 billion in various minor tokens that cannot be properly tracked. Also, a whale that easily scatters SHIB around has recently airdropped large quantities of SHIB. According to Whalestats data, the total assets of all tokens except Ethereum are as follows. Meta 10.05%, other tokens group 7.67% and Shiba Inu 5.9% make up the top three.
Ethereum-based SHIB hits new lows in volatility
While the meme token’s market performance remains neutral, SHIB cannot continue to move in either direction. At the same time, trading volume has dropped significantly over the past few days. This may be due to the lack of interest of traders due to the December 3-4 onset correction.
cryptocoin.com According to the WhaleStats data that we have quoted as the WhaleStats, the whales were keeping the Shiba Inu token in their wallets during the current fix and adding to it. However, purchasing power failed to fuel another rally, according to the latest data, and SHIB’s loss reached 60%. At the time of writing, the Shiba is trading at $0.00003377, up 1.15% daily and down 8.63% weekly. The meme token lost 3% of its value before the correction, then gained 13% on Dec.
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