Whales have been holding $SHIB, refraining from dumping it completely. WhaleStats
of the 100 largest whales on Ethereum chain have remained on the same level for nearly two weeks, in spite of the recent price volatility.
From time to time, it also emerges on the top 10 list of the most traded digital currencies of these whales.However, they used to hold a lot more SHIB coins than they are now. Last year, cumulative volumes of Shiba Inu stored by whales in their wallets reached a billion USD, sometimes more, sometimes less. Last year, at the end of October, the price of the token reached a historic peak, climbing up to the $0.00008845 level.
Since then, whales' interest in SHIB started to go down, it seems, as the volumes of this meme coin that they held began to shrink in the summer and then dropped even further as the fall arrived.In the summer, whales' SHIB holdings began shrinking rigorously, first dropping below $1 million, then going under $500 million and finally passing below the $100 million mark.. At press time, their comprised portfolio contains $74,511,078 worth of SHIB.
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