September 27, 2022

Whales continue to massively buy Shiba Inu

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The largest holders of coins in the Ethereum network continued to actively buy Shiba Inu (SHIB). The experts noted that they have purchased a lot of tokens in the past 48 hours as of August 15, 2022. The top 100 whales bought up $57 million worth of SHIB over the weekend, according to WhaleStats. According to the presence of another analytical company Santiment, on August 13 and 14, 430 SHIB transactions worth more than $100,000 were recorded in the network.

As of 13:00 Moscow time, the total number of assets stored in their wallets exceeded $200 million and reached $202.28 million. Experts assured that the increase in the amount of holdings also happened due to the fact that the activity of traders the value of the virtual currency, which has risen in price by more than 25% in a week.

The specialists noted that over the past 24 hours, SHIB was bought for $24 million. At some point, this cryptocurrency even regained its first place in the list of total holdings among top investors, but now it has lost its leadership to USD Coin (USDC) and Tether (USDT) stablecoins. .

Analysts assured: most likely, if the trend continues, then the rate of the mem-token will be able to grow even stronger. They recalled: the price of the cryptocurrency has fallen significantly from its historical highs, which were reached in 2021. In their opinion, this may be an omen that the digital currency has a very good potential for further appreciation.

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