Dogecoin Rival Shiba Inu Loses Over 30,000 Holders In Single Day, ETH Whales Keep Accumulating SHIB

Dogecoin Rival Shiba Inu Loses Over 30,000 Holders In Single Day, ETH Whales Keep Accumulating SHIB

The second-largest meme coin Shiba Inu SHIB/USD has recently witnessed a massive loss of over 30,000 holders in a single day.

During the last couple of months, SHIB has seen a steady increase in the number of holders. But between March 16 and 17 the crypto lost a total of 32,832 holders, a drop of 0.272% in the total number.

At the time of writing, the number of holders for SHIB was 1,159,475. 

Between January to February 2022, the number of on-network transactions for Shiba Inu had gone down from 283,268 to 257,003. 

The current price of the Shiba Inu token is $0.00002402, as the price has climbed 11.17% higher over the last 24 hours. 

Shiba Inu is ranked at 15th by market cap, which stands at $13.4 billion.

Also See: Shiba Inu Gets Added To Crypto.com DeFi Wallet

Whales Accumulating SHIB

According to the latest report, Ethereum whales are accumulating more SHIB tokens on a daily basis. 

More than 300 billion SHIB tokens worth more than $7 million were purchased by only two Ethereum whales in the last few days. 

According to the WhaleStats, on March 15, the 15th largest Ethereum whale, which currently holds over 4 trillion SHIB tokens, bought 50,736,574,302 SHIB worth $1,106,564 at the time of purchase.

On March 16 the 208th biggest Ethereum whale bought a massive 271 billion SHIB tokens worth $6 million.

Posted In: BitcoinbuyingdogecoinEthereumholdersShibShiba InuWhalesCryptocurrencyNewsTop StoriesMarketsGeneral

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