An XRP whale transfers more than 20 trillion SHIB from binance to the whale wallet. The whale transfer is worth more than 20 trillion SHIB ($ 210,105,912 million).
The XRP whale has now dropped its XRP holdings to 5% while increasing its SHIB stake to 20.89%. The deal was considered the single biggest deal ever in the history of Shiba Inu. The whale now holds more than 48.7 trillion SHIB in its wallet.
Whale’s interest in SHIB increases
The recent transfer of Shiba Inu by whales can be attributed to SHIB approaching its Shibarium layer-2 launch. This particular launch seems to have attracted a lot of whales and it seems that the whales have an increasing interest in the memecoin. The inactive whale began its activities in May, exactly at the time when the news of Shibarium was spreading on social media.
On May 31, 2022, the whale collected more than 25 billion Shiba Inu. The data from etherscan shows that the transfer was made from Binance.
According to data from etherscan, the wallet now holds the title for the whale with the largest SHIB holding, surpassing all major Shiba Inu whales. The whale wallet labeled “light” that held more than 32.9 trillion was surpassed by this massive XRP whale. Together, the two Whale wallets currently contain 8.1704 percent of the entire amount of Shiba Inu in circulation.
Ethereum whales also seem to be showing interest in Shiba Inu as it regains its place in the top ten purchased tokens among the top 100 ETH whales. SHIB also holds the largest token position by dollar value. According to data from WhaleStats, SHIB is ranked as the 3rd largest sign held by the top 100 ETH whales. SHIB holds 16.37% of the top 100 ETH whales.
