SHIB Spikes as Whales Add to Existing Positions

Posted on by American Coins & Gold

SHIB Spikes as Whales Add to Existing Positions
Prices of shiba inu saw a 10% spike on Tuesday as whales – a colloquial term for large holders of a given asset – added to their positions earlier this week.One such whale wallet purchased 4 trillion shiba inu’s for $134 million early on Tuesday, according to data from WhaleStats, which tracks data from the top thousand Ethereum wallets after excluding known exchange and project wallets.That wallet now holds more than $144 million worth of shiba inu, which makes up for 26% of its portfolio holdings in Ethereum-based tokens. Metaverse tokens sandbox and GALA, which make up another $122 million…