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Whales Heavily Loading Shiba Inu: Two Biggest Whales “Light” And “Bombur” Scoop Up 393 Billion Shib

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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).

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.

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.

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.

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.

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.

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The content is for informational purposes only and 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.

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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