Major Ethereum Whale has accumulated $2.24 Million worth of Shiba Inu in the past 24 hours.
WhaleStats recently reported that the 254th largest ETH holder tagged “BlueWhale0073” added a whopping 200,899,251,805 (200.89B) SHIB, worth $2,240,026 ($2.24M) in one significant transaction.
? ETH whale "BlueWhale0073" just bought 200,899,251,805 $shib ($2,240,026 USD).
Ranked #254 on WhaleStats: https://t.co/RBupemZyZX
Transaction: https://t.co/fIbOncUYmC#SHIB #ShibArmy
— WhaleStats (tracking crypto whales) (@WhaleStats) March 6, 2023
This is the second time in a week that the top ETH Whale has made a significant acquisition of SHIB, after spending $1,481,747 ($1.48M) to buy 131,477,192,339 (131.47B) SHIB on March 3, as reported by The Crypto Basic.
This recent purchase has elevated Shiba Inu to one of the most purchased tokens among the top 2000 ETH Whales.
JUST IN: $SHIB @Shibtoken is back on top 10 purchased tokens among 2000 biggest #ETH whales in the last 24hrs ?
Peep the top 100 whales here: https://t.co/R19lKnPlsK
(and hodl $BBW to see data for the top 2000!)#SHIB #whalestats #babywhale #BBW pic.twitter.com/FwCeMGRvGo
— WhaleStats (tracking crypto whales) (@WhaleStats) March 6, 2023
Based on WhaleStats data, Shiba Inu remains the top-held coin by dollar value among the top 1000 ETH Whales, as these whales currently hold a massive $606,551,443 (606.55M) worth of SHIB.
? The top 1000 #ETH whales are hodling
$606,551,443 $SHIB
$167,714,908 $MATIC
$155,922,150 $BEST
$149,435,973 $LINK
$131,748,690 $CHSB
$96,217,646 $UNI
$70,172,580 $LOCUS
$69,722,963 $MANAWhale leaderboard ?https://t.co/jFn1zIOq03 pic.twitter.com/D83YYzYARu
— WhaleStats (tracking crypto whales) (@WhaleStats) March 7, 2023
This recent surge in interest in Shiba Inu tokens comes on the heels of several significant developments in the ecosystem. One of the oldest fiat-crypto exchanges, BTCC, has recently listed SHIB and five other digital assets on its platform, making it easier for millions of users to purchase these tokens using fiat currency.
Furthermore, Shiba Inu has outperformed significant players like Bitcoin (BTC) and Polygon (MATIC) to secure the top spot on CoinMarketCap’s Weekly Trending Coins List. Additionally, the governance token of Shiba Inu, Bone ShibaSwap, has secured the tenth spot on the same list.
DisClamier: 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 opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.