Primary ETH Whale has accumulated $1.53 Million worth of Shiba Inu (SHIB) in the past 24 hours.
The 248th biggest holder of Ethereum tagged BlueWhale0073, has purchased a staggering 117,589,628,832 (117.58B) SHIB, worth $1,535,720 ($1.53M) through one significant transaction. As per Etherscan.io, the transaction is performed about 13 hours ago from press time.
With the recent purchase, Shiba Inu (SHIB) has become the third-largest holding by dollar value for this key Ethereum investor. According to Etherscan.io, the whale currently holds $1.53 Million worth of SHIB, only less than Polygon (MATIC) and Tether (USDT) in terms of dollar value holdings. As of press time, the whale’s wallet contains $3.50 million of Polygon and $2.86 million of Tether (USDT).
Shiba Inu, is experiencing a surge in investment and excitement as the highly anticipated launch of Shibarium Beta approaches. According to WhaleStats, the top 1000 Ethereum whales currently hold Shiba Inu tokens worth a staggering $677,330,496 ($677.33M).
? The top 1000 #ETH whales are hodling
$677,330,496 $SHIB
$156,549,591 $MATIC
$147,329,556 $LINK
$146,616,720 $BEST
$143,475,860 $CHSB
$115,907,187 $BIT
$83,105,535 $UNI
$75,326,720 $MANAWhale leaderboard ?https://t.co/jFn1zIOq03 pic.twitter.com/XijR2bMrxq
— WhaleStats (tracking crypto whales) (@WhaleStats) February 15, 2023
In a recent development, the lead developer of Shiba Inu, Shytoshi Kusama, invited everyone to embrace the core values of Shibarium, burn, protect, grow, and help – through an official medium blog post. Kusama also made the official “All Things Shibarium” Telegram group live, revealing the official logo for the much-awaited Layer 2 solution.
Despite Shytoshi Kusama confirming that Shibarium Beta is ready, he refuses to give the exact launch date. However, Kusama recently hinted at a potential launch before May.
As of writing, Shiba Inu is trading at the price of $0.00001314, down -3.87% over the last day with a 24-hour trading volume of $531,131,651 ($531.13M).
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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