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
Whale 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).