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HomeCrypto NewsMarketBig Whale Adds Big, Accumulates 150 Billion Shiba Inu

Big Whale Adds Big, Accumulates 150 Billion Shiba Inu


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Major Shiba Inu Whale Adds $1.55 Million Worth of SHIB in the Past 24 Hours.

Etherscan.io data reveals that the 19th biggest Shiba Inu holder has just accumulated a massive 150,553,500,877 (150.55B) SHIB, worth $1,550,700 ($1.55M) through three separate transactions in the past 24 hours.

Whale Accumulation of SHIB in the Past 24 Hours
Whale Accumulation of SHIB in the Past 24 Hours

Breakdown of Transactions

The buying spree began with a modest purchase of 16,099,042,840 (16.09B) SHIB, worth $165,820, around 13 hours ago from press time. But the investor quickly escalated investment, splurging a whopping $1,112,817 ($1.11M) to purchase 108,040,560,167 (108.04B) in a second transaction just minutes later.

Undeterred, the Whale accumulated more SHIB, adding a further 26,413,897,870 (26.41B) SHIB, worth $272,063, to her portfolio in a third transaction executed around 9 hours ago from press time.

The top SHIB Whale now holds a whopping 5,178,454,552,701 (5.17T) SHIB, worth $53,338,081 ($53.33M).

Whale Current SHIB Balance
Whale Current SHIB Balance

1 Million SHIB Burned in 24 Hours

At the same time, Shiba Inu Community has collectively set fire to 1,000,000 (1M) SHIB through one transaction in the past 24 hours.

This has caused the overall Shiba Inu’s burn rate to exceed 1998.02% compared to the previous day.  The reasons behind the surge in burn rate are not as thrilling as one may think. The surge occurred because only 47,664 SHIB were moved out of circulation on April 27.

Shiba Inu Burn Rate Skyrockets 1
Shiba Inu Burn Rate Skyrockets 1

As of press time, Shiba Inu is trading at $0.00001029, up 0.44% over the last day with a 24-hour trading volume of $98,037,569 ($98.03M).

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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.



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.

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