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As Market Recover, Shiba Inu Makes To The List of Top 10 Purchased Token by Biggest 1000 ETH Wallets

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Shiba Inu (SHIB) Makes to the List of Top 10 Purchased Token by Top 1000 ETH Whale Wallets as Crypto Market Attempts Recovery.

Shiba Inu (SHIB) is on a way to reclaim a $14 billion market cap as the whole crypto market is recovering. The global crypto market cap has just reclaimed the $2 trillion mark and is currently standing at $2.01 trillion, showing a 2.25% increase over the last day, as per data provided by CoinMarketCap.

As the crypto market rebounded, top 1000 ETH whales again started to take interest in SHIB token and according to the latest data revealed by WhaleStats, Shiba Inu token once again manages to become one of the top 10 purchased tokens by 1000 biggest ETH whales over the last 24 hours.

Binance US adding Support For Shiba Inu

Binance.US today announced that they will expand BNB Smart Chain (BSC) BEP20 support for eight tokens including Shiba Inu.


Whale Buying Shib:

During the same period, the 168th biggest whale of Ethereum recorded purchase of a whopping 200,588,182,473 (200B) Shiba Inu tokens, valued at $4,944,498 ($4.9M) in a single transaction.

Looking deep into the whales’ wallet, we found that she currently holds a total of 11 tokens among which the Shiba Inu token appears to be his second-biggest position by dollar value following Ethereum. At the present time, this whale is holding a total of 4 trillion tokens, worth $91,243,192 ($91M), with an average purchase price per token of $0.0000246.

Besides all this, looking into data, we found that 1,142,380 (1.1M) unique wallet addresses currently hold Shiba Inu.

As per data provided by CoinMarketCap, at the time of writing, Shiba Inu is trading at the price of $0.00002481, showing a 1% increase over the last day and 13.06% over the last week. However, the 24-hours trading volume for the token dropped over 9% compared to the previous day and currently stands at $1,255,284,842 ($1.2B).

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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.

Disclaimer: The content is for informational purposes only, may include the author's personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

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