Wednesday, November 30, 2022
HomeCrypto NewsMarketTwo Major Whales Scooped Up 256 Billion Shiba Inu As Price Rebounds...

Two Major Whales Scooped Up 256 Billion Shiba Inu As Price Rebounds Sharply

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Shiba Inu is, without a doubt, one of the favorite whale coins.


Two Biggest Shiba Inu (SHIB) Whales accumulated a whopping $2.71 Million worth of SHIB in the past 24 hours as the most popular canine-themed cryptocurrency bounces off from a critical support level located at $0.0000098 on the daily chart.

On Thursday, Shiba Inu made an attempt to crack the crucial support level ($0.0000098) on the daily chart, but thanks goodness it failed as two anonymous deep-pocketed Shiba Inu investors poured in a staggering $2,721,464 ($2.72M) to purchase 256,984,448,543 (256.98B) SHIB in three significant transactions, Etherscan.io reports.

50th Top SHIB Whale Accumulated $1.32 Million Worth of Shiba Inu

According to the data provided by Etherscan.io, the 50th biggest Shiba Inu Whale added an astounding 125,347,304,648 (125.34B) SHIB, worth $1,327,427 ($1.32M) in two separate transactions in the past 24 hours.

50th Top SHIB Whale Accumulated 1.32 Million Worth of Shiba Inu
50th Top SHIB Whale Accumulated 1.32 Million Worth of Shiba Inu

The 50th biggest Shiba Inu Whale became active about 16 hours ago and executed her first significant transaction to accumulate 61,745,998,727 (61.74B) SHIB, worth $653,890. A few hours the Whale increased her Shiba Inu holdings by adding 63,601,305,921 (63.60B) SHIB, worth $673,537, to her wallet in another robust transaction.

At press time, the key Shiba Inu investor holds a total of 1,258,951,223,156 (1.25T) SHIB, worth $13,319,703 ($13.31M).

7th Biggest SHIB Whale Bought $1.39 Million Worth of Shiba Inu:

The 7th Biggest Shiba Inu Whale woke up and purchased 131,637,143,895 (131.63B) SHIB, worth $1,394,037 ($1.39M) in one large transaction executed about 6 hours ago.

7th Biggest SHIB Whale Bought 1.39 Million Worth of Shiba Inu
7th Biggest SHIB Whale Bought 1.39 Million Worth of Shiba Inu

The key Shiba Inu Whale now holds a whopping total of 15,440,797,100,753 (15.44T) SHIB, worth $163,518,041 ($163.51M) in her wallet.

The massive interest in SHIB builds after the world’s second-biggest canine-themed cryptocurrency based on market cap dropped below a crucial support level, i.e., $0.0000098 to $0.00000927 yesterday.

Shiba Inus Attempt to Break Crucial Support Level Failed
Shiba Inus Attempt to Break Crucial Support Level Failed

However, following the massive accumulation from Whales, the price rebounds sharply, and at the time of writing, Shiba Inu is trading at the price of $0.00001055, up 6.68% over the last day with a 24-hour trading volume of $458,752,734 ($458.75M).

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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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