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HomeCrypto NewsMarketTwo Major Whales Buys 271 Billion Shiba Inu Worth $6.6M, Top Wallets Now Holds $1.4B Worth Of Shib

Two Major Whales Buys 271 Billion Shiba Inu Worth $6.6M, Top Wallets Now Holds $1.4B Worth Of Shib

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Two Major ETH Whales bought 271.13 Billion Shiba Inu (SHIB), Worth 6.63 Million USD, Within the Last 24 Hours.


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An Ethereum (ETH) whale has gobbled up over 219.33 billion Shiba Inu (SHIB) tokens amid an ongoing accumulation of the most popular canine-themed cryptocurrency. The whale purchased Shib for $5.45 million.

As per data provided by WhaleStats, a whale labeled “BlueWhale0073” acquired a total of 219,332,229,787 (219.33B) SHIB through one significant transaction. This is the equivalent of $5,454,792 ($5.45M).

This is the second significant transaction from a major ETH whale within 24 hours. Just few hours back, the 15th biggest ETH whale Bombur invested $1,178,967 ($1.17M) to buy 51,799,991,288 (51.79B) SHIB.

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The two ETH whales scoop up a whopping total of 271,132,221,075 (271.13B) SHIB, worth $6,633,759 ($6.63M) through two separate transactions within the last 24 hours.

Shiba Inu has been gaining massive attention from top ETH whales since its listing on the Robinhood exchange on April 12, 2022. The accumulation appears to get more aggressive as the Shiba Inu team has recently launched its official “SHIB Burn Portal” on ShibaSwap.com, intending to diminish its massive supply in circulation while rewarding users with passive income in the form of Ryoshi Token.

The newly introduced portal has gathered immense traction as over 15 billion SHIB tokens have been taken out of circulation in less than 72 hours.

Moreover, Shiba Inu appears to maintain its top holding position by dollar value among the top 5,000 ETH Whales since last week. As per WhaleStats, these top whales currently hold $1,453,904,437 ($1.45B) worth of SHIB in their wallets.

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.

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Zabi
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.

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