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HomeCrypto NewsMarketAs Shiba Inu Tanks 30% ETH Whale Adds 207 Billion Shib

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

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


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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, Etherscan.io 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.

Accumulation ETH Whales SHIB 1

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, Etherscan.io 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.

DisClamier: 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 opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Author

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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