Two Biggest ETH Whales Gobble Up 393.24 Billion Shiba Inu (SHIB), Worth $8.99 Million; ETH Biggest Whale “Light” Now Holds 5.77% of Total SHIB Supply.
Top 100 Ethereum whale wallets become active and started accumulating Shiba Inu (SHIB) aggressively as the price of the most popular dog-themed cryptocurrency dipped toward the major support level i.e., $0.00002191 (previous resistance now turned support) on the daily timeframe.
The blockchain data tracking website, WhaleStats has recently reported three separate massive transactions through which a total of 393,245,019,067 (393.24B) SHIB, worth $8,994,017 ($8.99M), has been accumulated.
As per the report, the world’s biggest ETH whale, “Light,” has accumulated a whopping 331,907,311,956 (331.90B) SHIB, worth $7,597,358 ($7.59M) through two separate back to back transactions.
In her first massive transaction, the whale accumulated 287,355,928,094 (287.35M) SHIB, worth $6,577,577 ($6.57M).
🐳🐳 ETH whale "Light" just bought 287,355,928,094 $shib ($6,577,577 USD).
Ranked #1 on WhaleStats: https://t.co/g2Ri3NWSgL
Transaction: https://t.co/SnhjdRGfLb#SHIB #ShibArmy
— WhaleStats – BabyWhale ($BBW) (@WhaleStats) April 12, 2022
After two minutes of the first transaction, she carried another one and added 44,551,383,862 (44.55M) more SHIB, worth $1,019,781 ($1.01M) to her portfolio.
🐳 ETH whale "Light" just bought 44,551,383,862 $shib ($1,019,781 USD).
Ranked #1 on WhaleStats: https://t.co/g2Ri3NWSgL
Transaction: https://t.co/slLPuy79BC#SHIB #ShibArmy
— WhaleStats – BabyWhale ($BBW) (@WhaleStats) April 12, 2022
Shiba Inu appears to be the 6th biggest holding position by dollar value for “Light.” She currently holds a whopping 34 trillion SHIB (5.77% of total SHIB supply, i.e., 589 Trillion SHIB), worth $763,484,930 ($763.48M) per data provided by WhaleStats.
Following these two massive transactions, the 21st biggest ETH whale named “Bombur” became active and gobbled up a whopping 61,337,707,111 (61.33B) SHIB, worth $1,396,659 ($1.39M) through a single transaction.
🐳 ETH whale "Bombur" just bought 61,337,707,111 $shib ($1,396,659 USD).
Ranked #21 on WhaleStats: https://t.co/3ADbDHvWPW
Transaction: https://t.co/5mI010EQBH#SHIB #ShibArmy
— WhaleStats – BabyWhale ($BBW) (@WhaleStats) April 12, 2022
This aggressive accumulation makes SHIB one of the top purchased tokens among the 100 biggest ETH whales in the last 24 hours, as per WhaleStats.
JUST IN: $SHIB @Shibtoken now on top 10 purchased tokens among 100 biggest #ETH whales in the last 24hrs 🐳
We've also got $AXS, $FTX Token, $GALA, $APE & $QASH on the list 👀
Whale leaderboard: https://t.co/N5qqsCAH8j#SHIB #whalestats #babywhale #BBW
— WhaleStats – BabyWhale ($BBW) (@WhaleStats) April 12, 2022
SHIB is currently the biggest holding position by dollar value among the top 100 ETH Whales as they hold $1,182,100,323 ($1.18B) value of SHIB tokens in their wallets.
🐳 The top 100 #ETH whales are hodling
$1,182,100,323 $SHIB
$1,055,868,416 $FTX Token
$357,361,536 $BEST
$290,903,042 $MATIC
$271,911,328 $CHSB
$263,402,202 $OKB
$259,524,938 $MANA
$228,832,468 $CROWhale leaderboard 👇https://t.co/N5qqsCAH8j
— WhaleStats – BabyWhale ($BBW) (@WhaleStats) April 12, 2022
Impact on SHIB Price:
Soon after Whales’ accumulation, SHIB’s price jumped from its daily critical support level of $0.00002191 to $0.00002295 and is seen trading at the price of $0.00002289 at the time of writing. The price is showing a decrease of over 5% for the day.
