A Shiba Inu whale purchased 4 trillion SHIB tokens worth $136 million in the past 24 hours and it seems that they see the current market conditions as appropriate for adding to their positions and the price has been increasing in response so let’s read more about it in our latest altcoin news today.
A Shiba Inu whale purchased 4 trillion SHIB and WhaleStats tracker that follows the 1000 richest Ethereum addresses and activity revealed that one whale added 4 trillion SHIB tokens in the past day. The 4 million SHIB tokens are now worth around $136 million and it looks like the whales are getting hungry for SHIB. The ETH whale added 4 trillion SHIB in the past day and now SHIB is the most traded and biggest holding token among the top 100 ETH wallets.
At the time of writing, SHIB is the biggest token position by dollar value followed by the $86 million worth of Decentraland’s MANA and $41 million worth of USDT. SHIB represents 26.15% of the whale portfolio. The price of SHIB surged by more than 10% today and now the market is in the green. Shiba Inu is up by 4.3% in the past 24 hours and it is trading around $0.00003406.
As recently reported, The crypto exchange Bitstamp confirmed that it will be listing the meme coin which was supposed to happen on December 9th but it came to a halt after bitstamp said they were having technical difficulties with listing the digital asset. The integration of Shiba into Bitstamp’s crypto exchange was stalled when the exchange ran into technical issues that got the meme coin on board. This caused it to halt the listing of the token on the platform and after the technical difficulties, the coin listing came to an indefinite hold as the exchange tried to fix the problems.
Bitstamp made this known to the community on December 9 when the coin was supposed to go live that they run into a problem with getting the crypto on their platform. The exchange pointed to a technical problem that will cause it to take a longer time to list the meme coin. The listing on Bitstamp will have put the meme coin on the exchange in the whole of Europe. Shiba Inu had already made its rounds across other crypto exchanges and was moving even further down the list.
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