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.
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).
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.