Thursday, September 29, 2022
HomeCrypto NewsMarketNew Shiba Inu Whale Buys 442 Billion SHIB For $11.9M As SHIB...

New Shiba Inu Whale Buys 442 Billion SHIB For $11.9M As SHIB Enters Top 10 Purchased Tokens By 1K Biggest ETH Wallets

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The mysterious new Whale has just bought a staggering amount of Shiba Inu (SHIB).

WhaleStats data show that a new whale, has just purchased 442,637,867,858 (442 Billion) SHIB tokens, for $ 11,969,061 ($11.96 Million) with one transaction.

Whales are actively buying Shiba Inu and FTX tokens; both coins are the top favorites of whales, and in case of any dip, top eth wallets try to accumulate a large quantity of these coins. Recently Biggest Ethereum Whale “Light” Purchased Over 49 Billion Shiba Inu (SHIB) Tokens Worth $1.21 Million.

During the last 24 hours, Shiba Inu is the 7th most purchased token by top 1000 Ethereum whale wallets, following Ethereum (ETH), USDT, USDC, WBTC, BUSD, and Aave.

471,892,146 (471M) SHIB tokens have been accumulated on average by each whale for $12,772 as per data provided by WhaleStats.

Excluding Ethereum, Shib is the second-largest holding of the top 1000 ETH wallets. The biggest 1K eth wallets hold $1.50 Billion worth of Shib tokens that represent 17% of Top wallets holding. The priority of the whales is the FTX token; FTX represents a 19% portfolio of the biggest 1K ETH wallets, holding $1.65 Billion of the coin.

Shiba Inu (SHIB) price jumped over 27% from the recent dip and is currently trading at $0.00002672. The 24-hours trading volume for the token also increased 42.88% to $2,987,714,756 compared to the previous trading day, as per data provided by CoinMarketCap.

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Ammara Mubin is a cryptocurrency reporter and trader with vast experience in the industry. Mubin has written several news stories related to the crypto industry, including non-fungible tokens (NFTs), decentralized finance (DeFi), fundraising, mining, etc. Her major focus is covering regulatory events that are capable of shaping the entire crypto ecosystem.


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