$SHIB becomes most traded token by biggest $ETH whales, but there's catch shibainu shib shibarmy shibarium shibaeternity shibadoge shibburn eth ethereumnews
, a portal that tracks the actions of the largest holders of both Ethereum and tokens on the respective network, the Shiba Inu token, SHIB, has become one of the most traded crypto assets by these investors in the past 24 hours.The average trading volume of SHIB among Ethereum's 100 largest whales was 856.37 million SHIB, equivalent to $7,253. However, a deeper look at the data lends a less positive tone to the news when it turns out that most of that volume came from SHIB sales.
has become both one of the most sold and one of the most bought tokens by whales, with average values of 510 million SHIB and 346.3 million SHIB, respectively. Funnily, the token was higher in the second list than in the first, suggesting that not only SHIB alone was affected by the sale, and the purchases here were more pinpointed.
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