Shiba Inu Whale Pockets 1 Trillion SHIB, Whale Activity Surges
Every cryptocurrency has several categories of investors. The top three are retail, institutional investors, and whales. About 73% of Shiba Inu’s holders are whales, according to data from IntoTheBlock. With such a large concentration of whales, the SHIB market is expected to witness substantial transactions. More recently, a whale managed to purchase a staggering 1 trillion SHIB over the past seven days. Also Read: BRICS: Chinese Yuan Beats Euro To Become the Second Most Used Currency Arkham Intelligence data indicates that the address “0x78342” purchased this additional quantity of meme coins. This wasn’t all as the majority of the Shiba Inu tokens came from another unknown wallet, “0x826c.”. It’s interesting to see that this address still possesses $18.87 million, or 1.395 trillion SHIB. Source In addition, this wasn’t the first big move by the whale. The overall SHIB portfolio value of the whale, including purchases made during the wee...