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HomeCrypto NewsMarketTop Whale Sells 1.64B Shiba Inu, 623B in 21 Days But Still...

Top Whale Sells 1.64B Shiba Inu, 623B in 21 Days But Still Holds 23 Trillion Shib

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Shiba Inu (SHIB) plunges 5.7% as Top ETH Whale sold $1,646,400 ($1.64M) worth of SHIB in the past 24 hours and a total of $6.79 Million in the past 21 days.



Etherscan.io, a blockchain explorer platform for the Ethereum blockchain, recently reported that the key ETH investor had reduced her SHIB holdings by 160,000,000,000 (160B) tokens, worth $1,646,400 ($1.64M) in one significant transaction in the past 24 hours.

According to the reports, the major ETH Whale has continued to shrink her Shiba Inu holdings since September 19th, 2022. The Whale offloaded 623,000,000,000 (623B) SHIB, worth $6,790,790 ($6.79M) through 6 separate transactions in the past 21 days.

The interesting thing is Whale still holds 23,799,693,824,370 (23.79T) canine-themed tokens, worth $243,470,867 ($243.47M).

Top ETH Whale Sold 6.79 Million Worth of SHIB in the Past 21 Days
Top ETH Whale Sold 6.79 Million Worth of SHIB in the Past 21 Days

Following the major selloff from deep-pocketed ETH investors, the CoinGecko data reports that the value of Shiba Inu depreciated -22.6% over the last 30 days, -7.7% over the last seven days, and -5.7% over the last 24 hours.

Whilst the blockchain data tracking website, WhaleStats reports that Shiba Inu still appears as the top favorite token of the top 100 ETH Whales. The top 100 ETH Whales currently hold $133,970,949 ($133.97M) worth of SHIB in their wallets.

At the time of writing, Shiba Inu is trading at the price of $0.00001032, down -5.7% over the last day, with a 24-hour trading volume of $278,464,852 ($278.46M).

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Zabi
Zabi
Zabi is crypto enthusiastic with more than 10 years of experience in managing Google News-approved Finance websites. Zabi has a strong background in finance with a thorough understanding of cryptos and a solid grip on the crypto and financial market industry. Along with his passion for crypto writing, Zabi manages his personal stock and finance-related Google News-approved websites.

Disclaimer: The content is for informational purposes only, may include the author's personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

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