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HomeCrypto NewsMarketTop Whale Adds 290B Shiba Inu As Price Recovers

Top Whale Adds 290B Shiba Inu As Price Recovers

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Bigg Shiba Inu Whales continue to fill up their bags.


Over 290B SHIB has been accumulated by the Giant Shiba Inu holder in the past 24 hours.

Etherscan.io reports that the 7th major Shiba Inu Whale has added a staggering 290,821,132,449 (290.82B) SHIB, worth 2,951,834 ($2.95M) to her wallet through six separate transactions in the past 24 hours.

Shiba Inu Whale Scooped Up 290.82B SHIB in the Past 24 Hours
Shiba Inu Whale Scooped Up 290.82B SHIB in the Past 24 Hours

The data reveals that the deep-pocketed SHIB investor became active about 23 hours ago, spending $32,699 to accumulate 3,221,668,737 (3.22B) SHIB in two separate transactions. After that, the Whale aggressively added 184,611,797,681 (184.61B), 100,588,022,736 (100.58B), 131,387,656 (131.38M), 2,268,255,639 (2.26B) to her wallet in her third, fourth, fifth and sixth transaction respectively.

This massive accumulation has increased his Shiba Inu holdings by a whopping 290,821,132,449 (290.82B) SHIB, to a herculean 16,694,316,354,341 (16.69T) SHIB, worth $169,948,140 ($169.94M).

34.20M SHIB Burnt in the Past 24 Hours:

On the other hand, Shiba Inu Community-led burn initiatives continue reducing the SHIB circulating supply by burning millions of canine-themed tokens daily. As reported earlier by TheCryptoBasic, the SHIB Burn Projects collectively have removed a total of 34,203,073 (34.20M) SHIB from circulation forever through three separate transactions in the past 24 hours.

Impact on SHIB Price:

These developments helped Shiba Inu’s price to surge 3.83% over the last day and, as of writing, is seen trading at the price of $0.00001007 with a 24-hour trading volume of $453,019,785 ($453.01M).

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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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