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HomeCrypto NewsMarket98th Biggest ETH Whale Adds 300 Billion Shiba Inu, Shib Trading Volume...

98th Biggest ETH Whale Adds 300 Billion Shiba Inu, Shib Trading Volume Spikes 52%

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The Top Ethereum (ETH) Whale accumulated $3.40 Million worth of SHIB in the past 24 hours as the trading volume of SHIB skyrockets 52.71% over the last day.



Etherscan.io data reports that the 98th biggest SHIB holder has recently invested $3,417,000 ($3.41M) to accumulate a staggering total of 300,000,000,000 (300B) SHIB in two significant transactions in the past 24 hours.

As per the report, the deep-pocketed SHIB investor became active about 15 hours ago and performed the first record transaction to add 200,000,000,000 (200B), worth $2,278,000 ($2.27M). The amplest SHIB holder didn’t stop there and further accumulated 100,000,000,000 (100B) SHIB for $1,139,000 ($1.13M) in his second transaction executed about 12 hours ago.

Shiba Inu Whale Accumulates 3.41 Million USD Worth of SHIB
Shiba Inu Whale Accumulates 3.41 Million USD Worth of SHIB

Following the gargantuan accretion, the biggest SHIB Whale relocated a trifling total of 19,928,406 (19.92M) SHIB, worth $227 via two separate transactions, to two anonymous wallets. Despite the transfer the 98th biggest SHIB Whale currently holds 321,919,673,229 (321.91B), worth $3,657,007 ($3.65M).

SHIB Balance of 98th Biggest Shiba Inu Whale
SHIB Balance of 98th Biggest Shiba Inu Whale

As a result of a such massive accumulation from the biggest SHIB holder, the trading volume of the most popular canine-themed cryptocurrency spikes more than 52% over the last day to $275,451,501 ($275.45M).

At the time of writing, the Shiba Inu is trading at the price of $0.00001139, up 2.54% over the last day, with a market capitalization of $6,248,722,686 ($6.24B). Moreover, Shiba Inu retains its 14th spot as the world’s biggest cryptocurrency in terms of market capitalization.

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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.

Disclaimer: The content is for informational purposes only, 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.

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