Major Shiba Inu Whale added $1.72 Million worth of SHIB in the past 24 hours.
Etherscan.io data reveals that the 19th biggest holder of Shiba Inu has made an incredible purchase of 168,375,992,729 (168.37B) SHIB, worth $1,729,221 ($1.72M) through two separate transactions in the past 24 hours.
Breakdown of Transactions
The Whale’s buying spree began with a single transaction about four hours ago, adding 9,819,006,847 (9.81B) SHIB to the portfolio. However, this was just the beginning.
Moments later, the Whale made another jaw-dropping purchase worth $1,628,380 ($1.62M), buying a whopping 158,556,985,882 (158.55B) SHIB.
This massive accumulation brings the Whale’s SHIB holdings to an astronomical 5,252,333,033,396 (5.25T) SHIB, worth an astounding $54,099,030 ($54.09M).
This news comes just days after the top ETH Whale, known as “BlueWhale0073,” made a special purchase of 311,998,734,794 (311.99B) SHIB, worth $3,325,906 ($3.32M)through two separate transactions.
Whales Interest In Shiba Inu
Recent developments in the Shiba Inu Ecosystem have revitalized the Whales’ interest in SHIB. Most recently, the Lithuania-based leading Neobanking Institution block bank added support for Shiba Inu on its CeFi platform.
In another exciting development, Binance Pay has collaborated with ivendPay to take Shiba Inu’s utility as a payment method to the next level. This partnership promises to enable Binance Pay users to make payments using Shiba Inu (SHIB) across 400 ivendPay-supported merchants.
Despite the recent positive developments, Shiba Inu remains on the back foot and is trading at $0.00001024, down -1.34% over the last day with a 24-hour trading volume of $130,305,046 ($130.30M).
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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.