Monday, May 16, 2022
Home Crypto News Market As Shiba Inu Tanks 30% ETH Whale Adds 207 Billion Shib

As Shiba Inu Tanks 30% ETH Whale Adds 207 Billion Shib

- Advertisement -


Top ETH Whale Bought 207.88 Billion Shiba Inu (SHIB), Worth $2.36 Million.

Despite the widespread selloff in the global crypto market, Ethereum investors are showing their full trust in the most popular dog-themed cryptocurrency, Shiba Inu (SHIB).

Top ETH Whales keep on enjoying the discounted prices. A whopping total of 207.88 Billion SHIB, worth 2.36 Million USD has just been purchased by the Top ETH Whale.

Just a few hours ago, WhaleStats reported that the Ethereum whale ranked 196 has accumulated a big chunk of 207,882,946,977 (207.88B) SHIB, worth $2,365,707 ($2.36M) in one significant transaction.

However, data reveals that following one hour of this massive accumulation; she has transferred 206,665,540,849 (206.66B) SHIB, worth $2,110,055 ($2.11M) to one of the mysterious SHIB whales exclusively discovered by TheCryptoBasic through one significant transaction, leaving her total SHIB balance to 2,156,477,845 (2.15B) SHIB, worth $22,017.

The whale has performed one “OUT” transaction and transferred a whopping total of 198,604,990,781 (198.60B) SHIB, worth $3,205,484 ($3.20M) to the mysterious SHIB wallet address, reports.

This is not the first time BlueWhale0073 has sent this much SHIB to the mysterious wallet. On Tuesday (10th May) she scooped up 191,883,317,886 (191.88B) SHIB, worth $3,098,915 ($3.098M) in one transaction, and transferred the sum to Mysterious whale.

This perplexing activity from the Top ETH Whale has continued since the Robinhood exchange listed SHIB . Since then, BlueWhale0073 has transferred a whopping total of 3.44 trillion SHIB, worth $64.36 million, to this weird wallet.

As Shib price has fallen 30% in 24 hours currently trading at $0.00001065 giving the whale to buy Shib at cheap prices.

- Advertisement -


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.


Please enter your comment!
Please enter your name here

- Advertisment -

Recent News & Articles

Top Hedge Fund Manager Who Warned Investors, Says Terra’s Project Was Destined to Fail Due To High Yield

The hedge fund manager said Terra failed because the system was designed to enrich investors and the team. ...

SHIB Army Burns 449.98 Million Shiba Inu In 24 Hours, 2.17 Billion In A Week

2.17 Billion Shiba Inu (SHIB) Burnt within the Last 7 Days and 449.98 Million During Last 24 Hours. ...

Ethereum Founder Vitalik Buterin “Strongly Agrees” With Terra’s Plan to Compensate Small TerraUSD (UST) Investors Over Rich Ones 

The Ethereum creator believes that a plan to focus more on compensating small investors is a good hybrid formula. ...

Ethereum Founder Sends 500 ETH To Dogecoin Foundation

Ethereum Founder Sends 500 ETH To Dogecoin Foundation. It’s not always that Vitalik Buterin sends funds to support other crypto projects. However, he appears to...

Binance CEO Says Buy Back Or Burn Terra (LUNA) To Create Value, Confirms Exchange Doesn’t Hold UST

Binance CEO Says The Exchange Doesn’t Hold Any UST and Terra team should Burn LUNA to help price recover. ...

Top DeFi Coins Ready to Explode: Chainlink (LINK), Fantom (FTM), and Logarithmic Finance (LOG)

DeFi is rapidly surpassing conventional banking as an innovative application, and the expansion in the future years will be unparalleled. From pioneering borderless payment to...

Can Calyx Token (CLX) Empower the DeFi Space as Tron (TRX) Empowers the DApps Community?

DeFi tokens are taking over the market in the world of digital currencies due to their ability to be swapped or traded for other...

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.