Breaking Crypto News | Hundreds of Billions of Shiba Inu Sent to OKEx
Hundreds of Billions of Shiba Inu Sent to OKEx, But Top Whales Hold Their SHIB Tight
Staggering amount of SHIB has been moved to major exchange OKEx, but whales overall are not selling their Shiba Inu
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As reported by Whale Alert, popular crypto tracking service, slightly more than 15 hours ago, nearly half a trillion Shiba Inu meme coins were moved from an anonymous wallet to an address that belongs to major crypto trader OKEx. SHIB is not the only meme coin whose large transfer was spotted by the aforementioned platform recently. Two days ago, it also detected a massive transfer of Dogecoin as an unknown wallet moved 350,000,000 DOGE. Whale moves 443 billion SHIB to sell A total of 443,635,233,210 Shiba Inu have been shoveled from an anonymous address to the OKEx crypto exchange. This amount of meme cryptocurrency is worth $5,145,739 in fiat. This was most likely a move to sell this lump of crypto.
However, overall, according to data shared by WhaleStats wallet tracker on its website, the 100 largest whales have recently greatly increased their exposure to Shiba Inu as it has again become one of their top three crypto holdings. 50 trillion SHIB stored by biggest whales WhaleStats shows that the 100 largest wallets on the Ethereum chain now own a total of 50,767,469,828,130 Shiba Inu worth $566,625,313.
Currently SHIB is the second biggest holding on the top 10 list. Over the past week, the amount of SHIB held here has increased tremendously — from slightly over $100 million in equivalent to nearly $600 million by now.
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