[ccpw id="39382"]

HomeCrypto NewsMarketWhale Rushes To Buy Shiba Inu Dip, Adds 126B SHIB

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


Written By:


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

- Advertisement -

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.

- Advertisement -

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.

- Advertisement -

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).

Follow Us on Twitter and Facebook.

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.



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.

More from Author

Latest Stories