- A ETH wallet analyzer platform revealed that the largest ETH whales now hold less than $100 Million in SHIB.
- This drop has been noted even after the price surge of the most popular meme coin.
On October 29, 2022, WhaleStats, a crypto whales tracking platform, shared a tweet in which it posted about the top 5000 ETH whales holdings. In the tweet, it is clear that the SHIB token that the ETH whales are holding is less than $100 Million, that is $94,297,394.
On the other hand, Whale Alert, the most advanced blockchain tracker and analytics system, last week on October 24, 2022, shared th tweet in which it added that a total of 3,363,854,488,205 SHIB coin transferred, where the Etherscan, a Block Explorer and Analytics Platform, does not gave the information related to the amount of SHIB held by the sender’s and receiver’s wallet.
Additionally, in the beginning of this month, almost a similar amount of SHIB token was transferred to a totally blank wallet that indicates a new SHIB wahle has emerged.
SHIB Price Analysis
In the past few hours, SHIB price surges after the recent bullish breakout of the consolidation range between $0.0000104 and $0.00000955. The meme coin noted a recovery rally reaching the bearish outpost of $0.0.000015.
The recovery rally indicates higher price rejection which might shortly give a pullback chance. Here, the rally indicates rapid or substantial upside moves over a relatively short period of time.
Currently, the price of Shiba Inu is $0.000014 USD with a 24-hour trading volume of $2.46 Billion USD. Shiba Inu is up 18.15% in the recent 24 hours and currently ranking at #12 on CoinMarketCap. It has a live market cap of $7.45 Billion USD.
The above chart shows the last seven days’ price performance of SHIB. In the chart, the price of the meme coin has clearly noted the surge by almost 35.53%, as per the CoinMarketCap.
Shiba Eternity
It must be noted that, On August 2, 2022, Shiba Inu Ecosystem, revealed the name of the Shin CCG game, Shiba Eternity and then onSeptember 17, 2022, launched in Australia, that will be available in both the Apple App Store, and Google Play Store.
And in most recent, on October 6, 2022, Shib further posted a tweet in which it added that Shiba Eternity is live worldwide on aAndroid and iOS.
Source: https://www.thecoinrepublic.com/2022/10/30/the-biggest-eth-whales-drop-its-meme-coin/