New Whales Coming For Shiba Inu.
Shiba Inu (SHIB) keeps on giving birth to new wallets. The nascent whale has just splurged $1.24 Million to purchase a considerable amount of SHIB.
Etherscan.io recently reported that an anonymous whale has just come into existence and scooped up a whopping 119,384,114,306 (119.38B) SHIB, worth $1,243,982 ($1.24M) in her first-ever transaction executed about 10 hours ago.
Shiba Inu has given birth to the second Whale in a week. As reported by TheCryptoBasic on OCT 24th, a newly born whale accumulated a 3,363,854,488,205 (3.36T) SHIB, worth $33,672,183 ($33.67M) in one transaction.
The Whales’ interest in the world’s second-biggest canine-themed cryptocurrency renewed after Luxembourg-based world’s leading cryptocurrency exchange, Bitstamp, enabled United States users to trade Shiba Inu with two trading pairs, SHIB/USD and SHIB/EUR.
Moreover, the massive Whale accumulation helped Shiba Inu pierce the critical resistance level at $0.00001020 on the 4-hour chart. Since October 18th, Shiba Inu has been trading below that level.
At press time, Shiba Inu is trading at $0.00001042, up 4.19% over the last day, with a 24-hour trading volume of $267,762,311 ($267.76M).
DisClamier: 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 opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.