Shiba Inu ($SHIB) surges 10% amid 4 trillion accumulation from Ether (ETH) whales
The trending meme token, Shiba Inu ($SHIB) saw the exceptional hike of 10 percent in past 24 hours, post an Ether ($ETH) Whale added 4 trillion SHIB, i.e., $136 million. As the crypto market showed slow recovery after a short bear run, tokens turned green overnight. However interestingly, Dogecoin’s prodigy, SHIB even outperformed the OG crypto, Bitcoin ($BTC) with just 6 percent spike, as well as Ethereum with 5.7 percent surge in past 24 hours. According to WhaleStats’ Twitter handle, Shiba Inu is the “most traded and biggest hodling token among the top 1000 ETH wallets”.
Looks like whales are really hungry for #SHIB
An ETH whale added 4T $SHIB ($136M) in the past 24hrs
$SHIB is most traded and biggest hodling token among the top 1000 ETH wallets#ShibArmy RT if u always think $SHIB is the King
— WhaleStats — the top 1000 Ethereum richlist (@WhaleStats) December 21, 2021
This is not the first time, SHIB has proven its dominance in top ETH wallet holdings. Last week, Shiba Inu reclaimed the first position by dollar value among the top 1000 Ethereum (ETH) wallets. After it had dropped to the third position in lieu of consecutive price crashes, it went back up, determining dedicated and consistently growing whale accumulation. Since then, SHIB has maintained its status, and was standing at a concentration of 7.71 percent with over $1 billion in USD value, at the time of reporting.
Source: WhaleStats.com
