Despite the recent price decline, whales continue to accumulate Shiba Inus, purchasing 63 billion SHIB
During the latest drop, huge wallet investors amassed 63 billion Shiba Inu tokens.
Shiba Inu have been amassed by Ethereum whales as a result of recent coin bloodbaths, diversifying their portfolio.
The number of Shiba Inu transactions has plummeted by half, generating a negative view among investors.
Analysts assessed the Shiba Inu price trend and anticipated that the memecoin’s slump would continue.
Shiba Inu has been amassed by large wallet investors as a result of recent crypto bloodbaths. Shiba Inu accumulation has historically been accompanied by a jump in the price trend of the Dogecoin-killer.
Despite recent whale buildup, analysts foresee a Shiba Inu downturn
Whales have amassed Shiba Inu tokens, according to statistics from Etherscan, a cryptocurrency tracker on the Ethereum network. Shiba Inu was acquired by several whales, adding 63 billion tokens to their portfolio.
The 63 billion SHIB is tracked by Etherscan to four Shiba Inu wallets. The first two transactions were the acquisition of 6.1 billion Shiba Inu and 1 billion Shiba Inu, respectively. The other two…
