Knowledge offered by the WhaleStats pockets tracker reveals that over the previous 24 hours, the highest whales on the Ethereum chain have vastly elevated their Shiba Inu stash, including trillions of meme tokens to it.

$31 million value of SHIB added to wallets

In response to WhaleStats, over the previous 24 hours, the USD value of Shiba Inu, the second hottest meme coin when it comes to market capitalization, spiked from $578,489,756 to $624,917,962.

This implies their collective SHIB stash has elevated by 2,534,750,613,246 Shiba Inu. Thus, the meme coin continues to carry the third place of high holdings, going after Ethereum and the USDT stablecoin.

Shibarium launch anticipated on Valentine’s Day

As reported by U.At this time earlier, lead developer of Shiba Inu Shytoshi Kusama added a textual content to his bio on Twitter that advised that the ultimate steps towards launching the beta model of Shibarium are being taken proper now.

In that textual content, he talked about a “heart-shaped field,” wherein Shibarium can be offered to the group. Many outstanding SHIB accounts took this imprecise trace as the precise day of launch — February 14, Valentine’s.

#Shibarium Beta can be launched on VALENTINES 💝 14th February! 👀@ShytoshiKusama Bio 👇 pic.twitter.com/GBI43Qe5T3

— Shibarium (@ShibariumGems) January 20, 2023

On this information, each SHIB and BONE tokens surged in value. SHIB added almost 6% prior to now 24 hours, now buying and selling at $0.00001211.

BONE is the token that can energy transactions on Shibarium, it surged to a neighborhood excessive of $1.5, additionally including new customers to a complete depend of greater than 28,000.