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.
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.
-Advertisement-
