The dormant wallet became active to buy Shiba Inu.
The Dormant ETH whale woke up to become the 80th biggest Shiba Inu holder by scooping up a staggering 1 trillion SHIB in the past 24 hours.
Etherscan.io data shows a herculean purchase of 1,002,395,000,000 (1T) SHIB, worth $10,916,080 ($10.91M) through three gigantic transactions in the past 24 hours.
The data reveals that the wallet became dormant after it purchased only 9,900,000 (9.90M) SHIB, worth $107, in one transaction on July 12th, 2022. However, the whale suddenly became active about 4 hours ago and accumulated 10,000,000 (10M) SHIB, worth $108 in its first transaction. Following the small transaction, the Whale spends a staggering $10,915,900 ($10.91M) within the past hour in two back-to-back transactions to add 1,002,385,000,000 (1T) SHIB.
The major ETH Whale now holds a hulk 1,002,404,900,000 (1T) SHIB and is ranked 80th among the biggest Shiba Inu holders.
As per the recent report from WhaleStats, Shiba Inu is retaining its top holding position in dollar value among the top 5000 ETH Whales. They now collectively hold $92,743,696 ($92.74M) worth of SHIB in their wallets.
? The top 5000 #ETH whales are hodling
$92,743,696 $SHIB
$65,176,188 $MKR
$62,018,616 $LOCUS
$57,484,632 $BIT
$54,376,230 $UNI
$51,254,083 $LINK
$39,624,020 $MATIC
$38,139,496 $MOCWhale leaderboard ?https://t.co/kOhHprRmd1 pic.twitter.com/WhgpdznNqN
— WhaleStats (tracking crypto whales) (@WhaleStats) November 8, 2022
Shiba Inu is down 11% in 24 hours, trading at $0.00001075, according to Coinmarketcap.
Disclaimer: 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’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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