Monday, June 27, 2022
Home Crypto News Market Top ETH Whale Splash $1.5 Million On Shiba Inu, Adds 163 Billion...

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

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The major whale came back to accumulate Shiba Inu.


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).

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.

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).

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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.


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