Per data from the crypto whale tracker, Whalestats, Shiba Inu token, SHIB is now in the top 10 in terms of trading volume among the 100 largest ETH whales in the last 24 hours. The average trading volume of SHIB is present at $12,463, with an average quantity totaling around 1,100,000,000 SHIB this resulted in the 8th position the meme coin is occupying.
More also, SHIb is presently in the 7th position of the most sold token among the 100 biggest ETH whales calming in between the Polygon (MATIC) and ApeCoin(APE).
The SHIB still maintains the bullish over the 24 hours despite the selloff by the whales as stated by the CoinMarketCap. The SHIB is still maintaining the market price of $0.00001181 after a day increase of about 5% and this weekly increase has now added a total of 11.84% to the SHIB price.
Shia Inu Token Becomes The Most Used Smart Contract Among 5000 Largest ETH Whales
As reported yesterday by Cryptolifedigital, the Ethereum whales have not lost taste of the Shiba Inu token as the meme coin once again become the most used smart contract by the 5,000 largest Ethereum whales as stated by the whalestats. The accumulation came as a result of the bullish signal that surfaced across the entire market spectrum which made the SHIB price spike 8%.