Giant Whales Fill Their Caches With This Meme Coin: New Listings!

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  • Major investors added new listings to their stash overnight, but despite this, whales’ total meme coin holdings shrunk significantly.

The biggest Ethereum whales Shiba Inu (SHIB) continue to buy, but the total amount of this meme coin in their wallet has decreased and they now only hold less than $200 million in SHIB.

ETH whales raise $33M on SHIB

WhaleStats whale-watching platform, which focuses on the 100 largest wallets on the Ethereum chain, said in a recent tweet that $33.2 million was worth the wallets of these whales in the last 24 hours – the second-largest canine cryptocurrency by market capitalization after Dogecoin. shiba inuAnnounced adding .

Currently, these top 100 wallets hold a total of $179,344,952 on SHIB compared to the $150,185,634 position on Friday.

SHIB listed on one more exchange

The SHIB listing spree has also spread to the Caribbean, with Saint Vincent and the Grenadines-based BlueBit.io Shiba Inu (SHIB) Added support for

BlueBit.io, a multi-asset trading platform including cryptocurrencies, recently listed the Shiba Inu on its platform. The exchange has yet to make an official announcement, but US Senate Candidate Shannon Bray, a Shiba Inu fan, confirmed on the exchange’s website that trading has begun for the Shiba Inu.

Bluebit went viral on Twitter thanks to the strength of the Shib community after this listing.

The multi-asset trading platform is currently Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE) It supports more than 700 trading instruments in 7 asset classes, including major cryptocurrencies such as

2 more pairs will be listed for SHIB

VALR, a cryptocurrency exchange backed by the American hedge fund Pantera Capital, also announced that its users will be trading with Shiba Inu (SHIB) in the coming weeks. USDC Dollar (USDC) announced that they can trade in exchange for stablecoin.

Also on August 16, VALR announced that it will add support for ETH/USDC and BNB/USDC trading pairs. platform in the near future XRP, wither (LEFT) and advance It will also allow trading in the second largest stablecoin pair (AVAX).

The South African-based cryptocurrency trading platform went live in 2019. Earlier in March, it raised $50 million, completing a round that marks its largest funding round to date. With around a quarter million users, VALR currently has a valuation of around $240 million.

Whales’ SHIB assets shrank by more than 50%

According to data also provided by WhaleStats, the total amount of SHIB held by Ethereum whales has decreased drastically compared to recent times. Just last week, on August 3, these wallets held more than $600,000,000 in Shiba Inu.

On August 7, WhaleStats was found to have a roughly similar amount in their wallet – that’s the total in circulation SHIB 10 percent of the supply. At the time of this writing, this huge stash has shrunk to a small amount of $180 million, as reported above.

Moreover, the SHIB token overnight lost its leading position in the whales top ten cryptocurrencies list. Now SHIB coin While it ranks second, it aims to be the next generation blockchain platform by solving the problems of scalability and full decentralization, while ensuring compatibility with other blockchain platforms with its interoperability technology. Locus Chain (LOCUS) ranks first on this list.

According to data provided by CoinMarketCap, the Shiba Inu is changing hands at $0.000012, up about 3 percent in the last 24 hours.

You can follow the current price action here.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.


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