- Earlier today, the biggest investors in the Ethereum network dumped $4 million worth of meme coins, significantly reducing their stash.
According to data shared by popular whale watching platform WhaleStats, the largest Ethereum wallets today Shiba Inu (SHIB) its total balance has been quite a loss as the whales dumped these meme coins on the market with a staggering amount of 323 billion SHIB. shrunk.
🐳 The top 100 #ETH whales are hodling
Whale leaderboard 👇 pic.twitter.com/UAAXLmpmCa
— WhaleStats (tracking crypto whales) (@WhaleStats) August 30, 2022
The WhaleStats platform, which focuses on the largest wallets on various blockchains, including Ethereum and BNB Chain, said in a post earlier today that the 100 largest wallets in ETH have sold approximately 323,362,974,939 Shiba Inu tokens worth close to $4 million. shared.
Earlier today, the whales’ balances totaled around $151,728,733. According to the aforementioned wallet tracker’s website, that amount has slumped to $147,532,685 so far. SHIB now giant whales only make up 5.13 percent of their portfolio.
The second-largest meme cryptocurrency by market cap, although it used to hit the top spots, it currently ranks fifth among whales’ largest crypto assets.
As for the number of Holders, the Shiba Inu recently hit an all-time high and currently has 1,213,828 investors.
Whales sell SHIB on the rise
According to data provided by CoinMarketCap, earlier today shiba inu price It managed to rise about 5 percent and reached the price level of $ 0.00001255.
This level was where the whales sold their 323 billion SHIB and made healthy profits from that sale. The combination of a large amount of tokens sold and a 5% increase resulted in very satisfactory profits for the whales.
at the time of writing SHIB pricelost about 2.5 percent of the previous gain, wiping out some of its previous gains.
OKSE adds support for Shiba Inu
OKSE Crypto Visa Card recently announced that it has added Shiba Inu, the most popular dog-themed cryptocurrency on its platform. After this development, card users from more than 170 countries will now be able to use SHIB as a form of payment in more than 60 million businesses, including online stores and E-Commerce.
Share using $SHIB on the OKSE’s Visa card in more than 170 countries🤯
Giving another digital asset utility in our #decentralised ecosystem 🙌
Download and KYC here
— Okse Wallet & Card (@okse_io) August 30, 2022
The OKSE Crypto Visa Card is accepted by over 60 million visa holders and in over 170 countries, and is considered one of the easiest and fastest ways to spend crypto worldwide. OKSE Crypto Visa Card does not charge any hidden fees on any transaction and also gives its users the ability to monitor every transaction on the chain using its app. OKSE Card Application can be downloaded from both Apple Store and Google Play Store.
On August 5, Binance Card also added support for the Shiba Inu and reported that it allows more than 60 million merchants to accept SHIB as payment.
You can follow the current price action here.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.