Several whales just bought 36.8 billion SHIB

According to newly disclosed data, about 40 billion SHIB were acquired and moved in just a few minutes.

According to Etherscan data, a staggering quantity of Shiba Inu tokens were exchanged in just a few minutes less than an hour ago—over 36.8 billion Shiba Inu in total.

The Etherscan crypto tracker has identified ten huge transactions totaling at least 1.184 billion Shiba Inu, the second largest meme cryptocurrency by market cap after Dogecoin (DOGE).

Owners appear to be making some of these transfers between crypto exchanges, such as from Binance to Uniswap.

However, many large SHIB transactions between wallets were performed, including one from Binance to a crypto address; these were most likely acquisitions.

In addition, SHIB tokens were transferred in amounts ranging from 1.18 billion to 4.9 billion. The total value of crypto transmitted here is $1,165,456.

Recently, whales have been laying their hands on Shiba Inu on a regular basis. Recent sightings of new SHIB whales have also been reported. Two days earlier, an unknown investor had purchased 3,457,477,154,937 tokens worth $109,498,301.