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HomeCrypto NewsMarketNew Whale Adds 20 Trillion Shiba Inu, Becomes 5th Biggest SHIB Holder

New Whale Adds 20 Trillion Shiba Inu, Becomes 5th Biggest SHIB Holder


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New Whale Receives 2% of SHIB’s Total Supply in $176.80M Buying Spree.

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A newly emerged whale grasps $176.80 million worth of Shiba Inu to become the fifth biggest Shiba Inu holder.

Etherscan.io data reveals that a brand-new whale has added up a staggering 20,000,000,000,000 (20 Trillion) SHIB, worth $176,800,000 ($176.80M). This massive addition took place through four equal transactions, with each transaction adding 5,000,000,000,000 (5T) SHIB to the investor’s portfolio. Interestingly, all transactions occurred simultaneously.

Nascent Whale Accumulates 20 Trillion Shiba Inu
Nascent Whale Accumulates 20 Trillion Shiba Inu

Whale Alert, the most advanced blockchain data tracking platform, also confirmed the development.

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This exceptional buying spree has propelled the nascent whale to become the fifth biggest holder of Shiba Inu as the deep-pocketed investor now owns a 2% of the SHIB’s total supply.

The aggressive accumulation from the newly emerged Whale comes amidst a flurry of significant developments within the Shiba Inu ecosystem.

During a recent Twitter Spaces event, Marcie Jastrow, the Shiba Inu metaverse advisor shared some exciting updates about SHIB Metaverse. Responding to questions from the community, Marcie revealed that the team plans to release previews of four hubs: WAGMI Temple, Rocket Pond, Ryo Plaza, and Tech Trench by September. She also confirmed that the Shiba Inu metaverse will be accessible on PC, mobile, and virtual reality (VR) platforms.

In addition, UQUID, a leading Web3 shopping platform, has integrated the Shiba Inu payments option into its platform. This integration empowers SHIB holders to utilize their tokens for various purposes, such as topping up airtime on their phones, online shopping, and exploring the upcoming SHIB metaverse.

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Meanwhile, the Shiba Inu team has joined forces with Tangem, a high-tech company in the blockchain sector, to create exclusive cold wallets for SHIB.

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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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