Shiba Inu has reclaimed biggest token position among top 100 ETH whales


Shiba Inu whales, or large holders, are on the move, according to IntoTheBlock data, as large transactions have increased by 85% over the past day. A transaction is often more than $100,000, and large transaction spikes are sometimes associated with increased activity from whales who are either buying or selling.


The top 100 Shiba Inu holders analyzed by WhaleStats also showed a 33% rise in active addresses as crypto whales engaged with millions of Shiba Inu coins, increasing the volume of large transactions. Whales’ trading volumes and the average Shib value rose by 28.41% and 25.47%, respectively, in the last 24 hours. The netflow increased by 50% as well. Shiba Inu has reclaimed the biggest token position among the top 100 ETH whales, according to WhaleStats Data. Shiba Inu has reached a new holder milestone, which represents an all-time high. According to Whalestats, 1,201,904 addresses now hold Shiba Inu. Shiba Inu’s price reclaimed the psychological level of $0.000010 after falling below it on July 13. When this article was published, SHIB was trading down 3% at $0.00001022.



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