Wednesday, November 30, 2022
HomeCrypto NewsMarketMajor Whale Buys 165B Shiba Inu As Price Surges 13%

Major Whale Buys 165B Shiba Inu As Price Surges 13%

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Major ETH Whale accumulated $1.92 Million worth of Shiba Inu (SHIB) in the past 24 hours.

Top ETH Whale has just invested $1,927,359 ($1.92M) to purchase a staggering 165,865,688,559 (165.86B) SHIB in one gigantic transaction.

Upon further investigation, while looking into the data, we found that after a few hours of the accumulation, the deep-pocketed ETH investor performed his second transaction and transferred 10,000,000,000 (10B) SHIB, worth $116,100 to the mysterious wallet.

Top ETH Whale Accumulated 1.92 Million Worth of Shiba Inu
Top ETH Whale Accumulated 1.92 Million Worth of Shiba Inu

Data further reveals that Shiba Inu is now the third biggest holding of the above-mentioned whale, following Ethereum (ETH) and USD Coin (USDC). The key ETH investor now holds a whopping 155,866,188,559 (155.86B) SHIB, worth $1,826,751($1.82M) in his wallet.

According to WhaleStats, Shiba Inu holds the biggest position in dollar value among the top 500 ETH Whales. The biggest 500 ETH Whale wallets now collectively hold $133,187,605 ($133.18M) worth of Shiba Inu.

The Whales’ renewed interest in the most popular canine-themed cryptocurrency pushed SHIB’s price higher today. At press time, Shiba Inu is trading at the price of $0.00001175, up 13.32% over the last day, with a 24-hour trading volume of $570,375,210 ($570.37M).

Interestingly whales were busy accumulating Shiba Inu before the price surge. As reported by The Crypto Basic, yesterday, a new whale added 119B Shiba Inu. On Oct 24th, a newly born whale accumulated 3.6T Shib in her very first transaction. On Oct 21, Whale holding 15T shiba added another 96B coins. On Oct 18, 3.38T Shib was moved to a new wallet.

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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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