[ccpw id="39382"]

HomeCrypto NewsMarketTop ETH Whale Splash $1.5 Million On Shiba Inu, Adds 163 Billion Shib

Top ETH Whale Splash $1.5 Million On Shiba Inu, Adds 163 Billion Shib

Date:

Written By:

 

The major whale came back to accumulate Shiba Inu.


- Advertisement -

 

Major Ethereum whale “BlueWhale0073″ scooped up 163.28 billion SHIB tokens in one significant transaction as the price of Shiba Inu reclaimed its previous support level (current resistance) located at $0.0000090 on the daily chart.

Data from crypto whale tracker WhaleStats indicates that the top Ethereum whale “BlueWhale0073” has just loaded up more than $1.5 million worth of SHIB in one massive transaction. In total, 163,286,048,050 (163.28B) SHIB tokens were picked up by the whale worth $1,575,710 ($1.57M).

- Advertisement -

The massive accumulation from the ETH whale comes after Shiba Inu comes to retest its recently conquered resistance level (previous support) located at $0.0000090 on the daily chart. Shiba Inu’s price surges more than 33% on June 21st. This surge in the price of SHIB results in the breakout of the current resistance level.

SHIB Technical Analysis

On Tuesday, the popular canine-themed token gathered the bullish momentum from the price level of $0.000008049 and reaches the high of $0.00001182, becoming the most profitable asset among the top 20 cryptocurrencies of the world. Afterward, the price gets a breather at the top and retraced towards the recent breakout level i.e., $0.0000090.

At the time of writing, the price of Shiba Inu is trading at the price of $0.00001001, showing an increase of more than 2% over the last day, with a 24-hour trading volume of $1,114,581,370 ($1.11B).

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.

-Advertisement-

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.

More from Author

Latest Stories

Guides