- SHIB has seen an increase in crypto whale activity recently.
- Despite the selloff by whales, SHIB’s price is still in the green over the last 24 hours.
- SHIB’s price currently stands at $0.00001181.
Shiba Inu (SHIB), the popular meme token, has seen an increase in crypto whale activity recently.
According to data released by the crypto whale tracker, WhaleStats, SHIB has made its way to the top 10 trading volume among the 100 biggest Ethereum (ETH) whales over the past 24 hours.
At the time of writing, the average trade volume amount of SHIB is $12,463, with an average quantity totaling around 1,100,000,000 SHIB. This ranks it at number 8 on the crypto whale tracker’s list. The top 3 cryptos on the list are Ethereum (ETH), USD Coin (USDC), and Tether (USDT).
The whale tracker also shows that SHIB is in the top 10 sold tokens list among the 100 biggest ETH whales, and is ranked number 7 on the list below Polygon (MATIC) and one position above ApeCoin (APE).
Despite the selloff by whales, SHIB’s price is still in the green over the last 24 hours according to CoinMarketCap. At the time of writing, the price of SHIB is $0.00001181. This is after a 24-hour increase of around 4.96% and an hourly increase of 1.83%. The 24-hour and hourly rise in SHIB’s price has added to its weekly gains, taking the total weekly gains up to 11.84%.
SHIB’s price posted a 24-hour high of $0.00001243 and a 24-hour low of $0.00001114.
Due to the involvement of ETH whales, SHIB’s trading volume has surged 216.07% over the past 24 hours taking the total daily trading volume figure to $919,197,704.