The interest in Shiba Inu (SHIB) continues to grow on a daily basis as whales are bent on increasing their positions in the hottest meme token in the market. This can be attributed to the bullish signals that SHIB has been exhibiting lately.
As spotted and reported by Etherscan a couple of hours ago, a gargantuan transaction carried a total of 52,470,888,570 SHIB tokens from a Binance wallet to an anonymous address.
Read Also: Veteran Trader Peter Brandt Updates His View on Shiba Inu (SHIB) Trend. Bullish or Bearish? Details
At current prices, the whopping Shiba Inu tokens grabbed by the anonymous whale are worth $725,147.68. The total amount of SHIB in the whale’s wallet now stands at 657,401,453,770.745 SHIB (657.4 billion).
As recently reported in a tweet by WhaleStats, Shiba Inu (SHIB) is the largest token held by the top 1000 Ethereum whales by dollar value. According to the report, this group of whales currently holds the SHIB tokens worth $162,127,202.
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