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

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 Etherscan.io 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.

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 top 500 #ETH whales are hodling

$133,187,605 $SHIB
$78,009,900 $LOCUS
$75,237,204 $MKR
$70,255,363 $BIT
$61,256,915 $UNI
$44,919,787 $LINK
$40,289,644 $MOC
$36,949,116 $BEST

Whale leaderboard ?https://t.co/tgYTpOm5ws pic.twitter.com/65Qw09ih6w

— WhaleStats (tracking crypto whales) (@WhaleStats) October 27, 2022

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.