According to data provided by Etherscan, the blockchain explorer for the leading altcoin Ethereum network, in the past few hours, high-stakes holders of cryptocurrencies known as crypto whales have purchased large sums of Shiba Inu (SHIB). It seems that the Dogecoin killer meme coin project SHIB remains a favorite of crypto whales. For details cryptocoin.com keep reading.
Crypto whales are not giving up on this altcoin project
In the four transactions detected by Etherscan, a total of 63 billion SHIB tokens were transferred to four wallets. Experts consider it likely that some of these transactions are due to purchases. The distribution of the purchaser’s SHIB tokens in the four transactions is as follows: The first two transactions amounted to 6,114,330,557 SHIB and 1,087,650,366 SHIB. As reported by Etherscan, the other two stashes purchased and tracked were both carrying 28,041 billion meme coins.
One of the domain wallets (28,041,132,100 SHIB-0x0000006daea1723962647b7e189d311d757fb793) has 63,947,289,783 SHIBs at the time of writing. According to Etherscan, this is a wallet owned by Wintermute, a crypto market maker that provides liquidity to partner crypto exchanges.
The other wallet where two of these transactions took place (0xcf98c7143d1fb818a4567e29f07e844e7d9ddfc2) received 28,127,901.3684 SHIB from a KuCoin wallet, which seems likely to have been purchased. This amount is the only amount of SHIB in the balance of this crypto address.
According to CoinMarketCap data, meme coin project Shiba Inu is trading at $0.00002175, up 6.14% in the last 24 hours at the time of writing. The altcoin price had reached an all-time high of $0.00008845 during the meme coin craze about 3 months ago. During these times, he provided serious gains to early investors and made a name for himself. The meme coin project, which is currently 75% below the ATH level, seems to still be able to attract whales.
with this cryptocoin.com As we have mentioned in its news (you can find it here), Shiba Inu started to find a response not only in the virtual world, but also in the real world. Recently, the altcoin project announced that it has partnered with Welly’s, an Italian fast food restaurant.
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