Top Shiba Inu Whales: Did they buy or sell during the last 30 days?
Shiba Inu Whales: What did they do over the last 30 days?
Firstly, let us look at price movement during the last 30 days. Shiba Inu has fallen by 40% during the last 30 days. The other meme coins like Doge have fallen by 30% while even a Layer-1 blockchain like Solana has fallen by 50%.
Top 5 Shiba Inu Whales related Statistics
In spite of this massive fall, the top 5 Whales together added more than 5% to their balance. However, the behaviour was not consistent. Two of the whales reduced their balance while 2 added to their balance. A third one made no change. See table below
|Whale Name||Number of Tokens Owned Currently||Change in Token Balance in 1 Month|
|0x72a53cdbbcc1b9efa39c834a540550e23463aacb||33 Trillion||-1 Trillion|
|0xcffad3200574698b78f32232aa9d63eabd290703||21 Trillion||-0.5 Trillion|
|0x2efb50e952580f4ff32d8d2122853432bbf2e204||12 Trillion||+5.7 Trillion|
|0x422193843fe209faa94f5cc1780e04965e77cb7f||11 Trillion||+0.6 Trillion|
|0x1406899696adb2fa7a95ea68e80d4f9c82fcdedd||10 Trillion||No Change|
|Top 5 Whales||87 Trillion||+4.8 Trillion|
Major points to note – Increase or Decrease in Top Whale purchases made no difference to the price in the last 30 days. Our analysis suggests that Whales may play critical roles in launching or sustaining a pump but if the external metrics are not in a favor of a cryptocurrency, whale sales or purchases can only have a limited impact.
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Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.