According to WhaleStats, a whale monitoring service, an Ethereum ($ETH) whale invested over $6 million for more than 271 billion Shiba Inu ($SHIB) tokens. WhaleStats further reveals that the purchase was made shortly after Shiba’s burn rate increased by more than 6,700%. The burn rate for meme currency reached this high since over 745 million […]
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Source: https://www.thecoinrepublic.com/2022/03/19/ethereum-eth-whale-invests-6-million-to-purchase-271-billion-shiba-inu/