Shiba Inu: Whales Buy $2.7M SHIB, and Burn 248.5M Tokens
Shiba Inu’s (SHIB) popularity among whales is well known. In the past 24 hours, two of the biggest Shiba Inu whales purchased 256.98 billion SHIB tokens, worth $2.71 million. As per the data available on Etherscan.io, the 50th biggest SHIB whale purchased 125.34 billion tokens worth $1.32 million. The purchase was made in two separate transactions. Source: Etherscan.io Additionally, the 7th biggest Shiba Inu whale scooped up 131.63 billion SHIB tokens worth $1.39 million, in one single transaction. Source: Etherscan.io The whale currently holds 15.44 trillion SHIB tokens in its holdings, worth a massive $163.52 million. Interest in SHIB increased but the popular canine-themed crypto added another zero to its price. However, at press time, SHIB’s price has since rebounded, dropping the zero it acquired. Shiba Inu burn spike Apart from the whale purchases , SHIB also witnessed massive burns. At press time, SHIB’s burn rate spiked to 590.44%. The burn spike...