Whales Grab $33 Million in SHIB Over Past 24 Hours But There’s a Catch

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Whales Grab $33 Million in SHIB Over Past 24 Hours But There’s a Catch
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Whales have increased their $SHIB holdings by $33 million but it is not helping ShibaInu. WhaleStats

Data provided by WhaleStats shows that compared to just recently, the total amount ofby the Ethereum whales has seen a drastic decrease. As early as last week, on August 3, these wallets held more than $600,000,000 worth of Shiba Inu.

Roughly similar amount was spotted in their wallets by WhaleStats on August 7 – that was 10 percent of the total SHIB supply in circulation. By the time of this writing, this large stash has shrunk to merely $180 million as reported above. Besides, overnight Shib has lost its leading position on the top ten list of whales' holdings. Now it sits on the second spot, while LOCUS holds the first position there.

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