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Whale Rushes To Buy Shiba Inu Dip, Adds 126B SHIB

Top ETH Whale dives in to scoop up 126.12 Billion Shiba Inu tokens at discounted prices.

WhaleStats stats show that the 254th largest ETH Whale, known as “BlueWhale0073,” has made a substantial transaction by adding 126,120,815,899 (126.12B) SHIB for $1,363,366 ($1.36M).

This recent acquisition marks the third time within a week that the top ETH Whale has purchased a significant amount of SHIB. As reported earlier by The Crypto Basic, the said whale spent $1.48 million on March 3rd to buy 131.47 billion SHIB tokens and $2.24 million on March 7th to acquire 200.89 billion SHIB.

As a result of this purchase, Shiba Inu has become one of the most purchased tokens among the top 500 ETH Whales in the past 24 hours.

WhaleStats data further reveals that Shiba Inu remains the top-held token among the top 5000 ETH Whales. These Whales combined hold a whopping $606,553,503 ($606.55M) worth of Shiba Inu in their wallets.

Although Shiba Inu’s value has declined by over 9.62% in the past 24 hours due to the widespread selloff in the global crypto market, ETH Whales are using the lower prices to their advantage by accumulating SHIB. Shiba Inu is currently traded for $0.00001006 with a 24-hour trading volume of $420,415,261 ($420.41 million).

Zabi
Zabi
Zabi is a crypto and finance author with over a decade of experience in the financial sector. His work centers on digital assets, market trends, and the intersection of traditional finance and crypto. In addition to overseeing multiple finance-focused platforms, he actively follows stock and crypto markets to provide informed perspectives on industry developments.

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