Top Ethereum Whales Hoard 534 Billion SHIB, Meme Token Soars 3%

The world`s largest ethereum (ETH) whale continues to take bullish bets on the SHIB market as the meme currency SHIB prices edge up, WhaleStats reported. Aggregating merchants according to market conditions CoinMarketCap At the time of writing, one SHIB is worth $0.00001096 due to a 30.2% increase over the past 24 hours.

However, the world's second-largest memecoin price is still 87% above its all-time high (ATH) at $0.000088. SHIB 24-hour trading volume decreased by 14 hours.2% to $323 million.

After such a remarkable accumulation in the top ETHWhales, ShibaInu has a top 10 list of the big 100 ETHWhales acquiring assets in the last 24 hours. This is the result of the above-mentioned great accumulation.

Beyond that, the SHIB army is actively burning meme coins. According to statistics provided by Shibburn, more than 30 million SHIB tokens were destroyed in the past 24 hours.

ShibaInu's short-term technical score is considered average as the recent price adjustment brings investors more neutral signs about the digital currency in the near future. This is the result of the past 30 days of trading activity.