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HomeCrypto NewsMarketWhale Holding 4 Trillion Shiba Inu Bought Additional 50.7 Billion Shib For $1.1M

Whale Holding 4 Trillion Shiba Inu Bought Additional 50.7 Billion Shib For $1.1M

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The top ETH whale has grabbed over 50 billion Shiba Inu (SHIB) tokens a few hours ago.



As per data provided by WhaleStas, the 15th biggest whale of Ethereum has accumulated 50,736,574,302 (5.7B) SHIB tokens, valued at $1,106,564 ($1.1M)  in one large transaction attempted a few hours ago.

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The details of the transactions are shown below:

whale buying shib
image source etherscan

 

Looking deep into Whale’s wallet, we found that the Shiba Inu token is his 6th biggest token position by dollar value. This whale currently holds 4.4 trillion Shiba Inu tokens valued at $95,543,632 ($95M). The average holding price per SHIB token for the whale appears to be $0.0000217.

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shib holding 4.4 T
image source etherscan

As per data provided by CoinGecko, SHIB’s price is -28.5% down from the last 30 days, and Ethereum Whales seem to take advantage of these low prices.

Similar to this massive transaction, one whale accumulated 49,651,432,412 (49.5B) SHIB tokens, for $1,094,317 USD on Monday. In this way, during the last 72 hours, a total of 100,388,006,714 (100B) SHIB tokens worth $2,200,881 (2.2M) have been accumulated in two massive transactions carried by top Ethereum whales.

At the time of writing, Shiba Inu’s price is trading at $0.00002171, showing almost no change for the day, with a 24-hour trading volume of $489,332,780.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Zabi
Zabi
Zabi is crypto enthusiastic with more than 10 years of experience in managing Google News-approved Finance websites. Zabi has a strong background in finance with a thorough understanding of cryptos and a solid grip on the crypto and financial market industry. Along with his passion for crypto writing, Zabi manages his personal stock and finance-related Google News-approved websites.

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