In the last day, two wealthy Shiba Inu investors added a staggering $4.69 Million worth of SHIB.
According to Etherscan.io statistics, two nascent Shiba Inu investors recently acquired a staggering 507,549,845,605 (507.54B) SHIB, valued at $4,694,835 ($4.69M), through two different transactions from a wallet associated with Coinbase and labeled “Coinbase 10”.
The information also shows that the Whale is a newborn and only has SHIB in her wallet.
A second whale also started trading, making a large 235,534,193,394 (235.53B) SHIB purchase from Coinbase for $2,178,691 ($2.17M). Shiba Inu, valued at $5,052,523 ($5.05M), totaling 546,218,718,691 (546.21B).
Shiba Inu Community continues to remove millions of Shiba Inu tokens from circulation virtually every day in addition to Shiba Inu’s Whale buildup.
According to earlier reports, over 64.88 million SHIB have been destroyed by the Shiba Inu Community in the last day through 13 different transactions. Shiba Inu’s burn rate soared by a staggering 4497% over the previous day.
On the other hand, Shiba Inu is preferred by the leading exchanges to be a part of their reserves.