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HomeCrypto NewsMarketTop ETH Whale Buys Over 311.81 Billion Shiba Inu Amid Price Dip

Top ETH Whale Buys Over 311.81 Billion Shiba Inu Amid Price Dip

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Top ETH Whale labeled “BlueWhale0073” just dived in to add 311.81 Billion Shiba Inu (SHIB) tokens, worth over $4.8 Million.

Ethereum Whales (ETH) loves buying the most popular dog-themed cryptocurrency at discounted prices. As the global crypto market underwent a massive selloff on Monday, Shiba Inu’s (SHIB) price dipped more than 20% to $0.00001354.

Following this dip, ETH Whales became active and accumulated a massive chunk of Shiba Inu.

As per the recent report from WhaleStats, the Ethereum whale ranked 222nd on the scale of this crypto data service has acquired a whopping total of 311,816,880,855 (311.81B) SHIB, worth $4,801,979 ($4.8M) in one significant transaction.

However, data reveals that following the massive accumulation; she has transferred 304,447,537,333 (304.44B) SHIB, worth $4,410,334 ($4.41M) to one of the mysterious wallet addresses exclusively discovered by TheCryptoBasic through one significant transaction, leaving her total SHIB balance with 7,660,744,611 (7.66B) SHIB, worth $120,350.


This is not the first time BlueWhale0073 has sent this much SHIB to the mysterious wallet. Last time, the whale was seen active on Friday (6th May). On that day, she gobbled up 83,438,237,727 (83.43B) SHIB, worth $1,675,373 ($1.67M) through three separate transactions, transferring 84,890,168,431 (84.89B) of SHIB, worth $1,704,528 ($1.70M) to the same mysterious wallet address.

This mysterious activity from the Top ETH Whale has continued since Robinhood made SHIB available to trade on its platform to its 22 million registered users. Since April 12, she has transferred a whopping total of 3.04 trillion SHIB, worth $59.10 million, to this mysterious wallet.

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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.

Disclaimer: The content is for informational purposes only, 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.

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