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HomeCrypto NewsMarketTop Ethereum Whale Adds 142 Billion Shiba Inu Amid Price Dip

Top Ethereum Whale Adds 142 Billion Shiba Inu Amid Price Dip

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Whales feel delighted in buying Shiba Inu dips.



Top Ethereum Whale Gobbles Up another 142.67 Billion Shiba Inu (SHIB), worth $1.53 Million in Past 24 Hours.

Ethereum’s key stakeholder adds another 142.67 Billion SHIB, worth $1.53 Million to her wallet as the dog-themed cryptocurrency dips further below its current support level located at $0.00001125 on the 4 hours chart.

Taking advantage of discounted prices, the biggest ETH Whale currently ranked 293 on WhaleStats named “BlueWhale0073” exchanged another $1,539,417 ($1.53M) to buy 142,670,797,289 (142.67B) of Shiba Inu tokens through one significant transaction.

This marks the whale’s second noteworthy transaction in less than 72 hours. Formerly on May 24th (Tuesday), she purchased 86,740,251,500 (86.74B) SHIB, worth $1,015,728 ($1.015M) in one transaction.

So far in this week, BlueWhale0073 has accumulated a whopping total of 229,411,048,789 (229.41B), worth $2,555,145 ($2.55M) through two separate transactions.

Shiba Inu Drops Below Current Support Level:

The widespread selloff in the global crypto market that began on May 9th is not over yet. Shiba Inu fails to defend its current support level located at $0.00001125 on the 4 hours chart.

In the past 24 hours, Shiba Inu pierced its above-mentioned support level and drops to a new low of $0.00001012. At the time of writing, SHIB is trading at the price of $0.00001041, down -8.98% over the last day, with a 24-hour trading volume of $526,510,828 ($526.51M).

If SHIB’s price plunges below the $0.00001012 mark, it will open doors to the retest of a historic support level located at $0.00000909. On the flip side, Bulls would only take charge when SHIB shows sustained trading above the critical resistance level located at $0.000013.

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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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