Monday, May 16, 2022
Home Crypto News Market Top Ethereum Whales Bought Over 1.71 Trillion Shiba Inu, Worth $44 Million...

Top Ethereum Whales Bought Over 1.71 Trillion Shiba Inu, Worth $44 Million In Past 7 Days

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Top Ethereum (ETH) Whales Gobbled Up Over 1.71 Trillion Shiba Inu (SHIB), Worth 44.39 Million USD within Past 7 Days.



Top Ethereum (ETH) Whale Wallets showed their special love for Shiba Inu in past week. At the time of writing, the price of Shiba Inu tanks 6% over the last day and is trading at $0.00002404, with a 24-hour trading volume of $607,951,000 ($607.95M). Usually the biggest ETHwallets’ activity increase during the massive dip as they accumulate more of the supply at a discounted price.

The top ETH whales have accumulated Shiba Inu heavily during the last week.

12th April 2022:  The biggest ETH whale named “Light”  accumulated a whopping 331,907,311,956 (331.90B) SHIB, worth $7,597,358 ($7.59M) through two separate back to back transactions.

This is the same day when the Robinhood exchange officially announced the listing of SHIB. Following this news, whale accumulation got more aggressive.

13th April 2022: 12th biggest Ethereum (ETH) whale wallet named “Bombur” added a whopping 217,398,365,968 (217.39B) SHIB, worth $5,958,887 ($5.95M) to her portfolio through three separate transactions.

On the same day, 5th biggest whale named “BlueWhale0073” bought a massive 775,473,150,952 (775.47B) SHIB, worth around $20,697,378 ($20.6M) through one gigantic transaction.

14th April 2022: “BlueWhale0073” performed second transaction and added 169,975,386,848 (169.97B) more SHIB to her portfolio, for the exchange of $4,361,568 ($4.31M).

15th April 2022: However, the accumulation of SHIB for “BlueWhale0073” doesn’t end here and she accumulated a further big chunk of 223,761,580,609 (223.76B) SHIB, worth $5,781,999 ($5.78M) while performing her third transaction in a row.

In this way, she alone gobbled up over 1.16 trillion SHIB, worth $30,840,945 ($30.84M) through three separate transactions in the past week.

Overall, 1.71 trillion SHIB, worth $44,397,190 ($44.39M) have been eaten up by top ETH whales through 5 separate transactions within the last 7 days.

Currently, SHIB is the biggest position (dollar value) held by top ETH whales, as per data provided by WhaleStats. In total, the top 1000 ETH Whale Wallets on average are holding $1,602,881,412 worth of the popular dog-themed cryptocurrency.

As per recent data provided by the blockchain data tracking website, WhaleStats, SHIB appears to be one of the most traded and the top purchased tokens among the 1000 biggest ETH whales. Moreover, ETH whales have made SHIB one of the top most used smart contracts in the past 24 hours.

 

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Disclaimer

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
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.

2 COMMENTS

  1. Good morning Shiba Inu Buyers, I am relatively new to crypto world. Like allot of people when bitcoin came out, I was given the opportunity to buy 6k shares for little to no money, lol yah I passed. Now my backside is quiet sore.
    Back to subject, I am seeing allot of large buying lots and those buyers sitting and waiting. I myself have some shiba, I can only imagine the price going to a $1 or even $.01 if there is a large burn of unsold coins for the value to come anywhere close to those prices. If shiba wants to see their product used as currency in the market the price has to come up to that price or more. If they burned 200-250 billion then we have competitor in the game and an affordable one still. There are whales in all crypto coins but at the current price shib will be controlled by to many and not many smaller buyers able to get in.
    Then we need to see coin used in a retail market setting. The fake world stuff is fun, but the real world is where a stable dollar can make you some money and be on solid ground..

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