Trillions of SHIB Wired as Shiba Inu Becomes Most Traded Token for Whales

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Trillions of SHIB Wired as Shiba Inu Becomes Most Traded Token for Whales
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Whales moved 3.3 trillion ShibaInu, while $SHIB hit this milestone in trading activity. whale_alert WhaleStats

Usually, sums of crypto as big as above are shoveled by crypto exchanges, either internally or as part of staking activities among each other. However, sometimes whales also begin to redistribute their crypto riches.4,000,000,000,000 Shiba Inu

to the ShibaSwap DEX for staking. That lump of meme coins was worth a little more than $36.2 million. Prior to that, it unstaked an amount that was several times bigger – 12,661,395,600,288 SHIB coins, 4 trillion of which were later on restaked.WhaleStats on-chain data tracker focused mainly on wallets, particular chains and tokens, has spread the word about Shiba Inu yet again rising as the most-traded crypto asset for the 100 largest whales on Ethereum chain.

SHIB at the moment is also the 10th largest coin by trading volume and one of the most-purchased crypto assets for the above mentioned whales. As for the place of SHIB on the top 10 holdings list, the meme coin is in last place here. Overall, the biggest Ethereum whales are now storing $50,794,729 worth of SHIB in their wallets. This is 2.24% of their comprised portfolio.

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