Whales Grab 1.6 Trillion SHIB, Here’s What Made Them Do It

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Whales Grab 1.6 Trillion SHIB, Here’s What Made Them Do It
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1.6 billion $SHIB bought on the dip by whales as ShibaInu prints a massive red candle. shibaplay_ WhaleStats

have been shifted on the Ethereum chain, totaling more than 1.6 trillion SHIB.

Earlier today, SHIB’s price made a big plunge, losing more than 6 percent of its value, which whales immediately took advantage of.The aforementioned Twitter user shared links to Etherscan, drawing attention to these eye-popping SHIB transfers. 50,656,885,934 SHIB was bought by an anonymous whale on Coinbase and withdrawn to his cold wallet. However, Etherscan shows, that in fact this whale bought three large chunks of SHIB, aside from this one – 80,960,690 SHIB, 130,204,348 SHIB and 8,756,682.Another substantial lump of SHIB – 199,999,679,531 – was bought on Binance and also moved to a cold wallet by another investor.

The biggest amounts of SHIB in this series of transfers were shifted between anonymous wallets – 417,167,400,278 and a mind-blowing 796,958,896,631 SHIB. They are evaluated at $5,118,644 and $9,730,868, correspondingly. The second transfer was worth approximately one million USD more at the time of the purchase due to a higher SHIB exchange rate against the USD.

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