Whales Spend $42.81 Million to Buy 3.73 Trillion Shiba Inu (SHIB) in 24 Hours.
WhaleStats, a blockchain data tracking platform, recently reported that the 254th biggest ETH Whale, named “BlueWhale0073” has added a whopping 229.96 billion SHIB, worth $2.58 million, to her wallet in a single transaction executed about 2 hours ago from press time.
? ETH whale "BlueWhale0073" just bought 229,963,072,498 $shib ($2,580,185 USD).
Ranked #254 on WhaleStats: https://t.co/RBupemZyZX
Transaction: https://t.co/mykzLrxyBv#SHIB #ShibArmy
— WhaleStats (tracking crypto whales) (@WhaleStats) April 4, 2023
This marks the second-largest SHIB buy transaction in the past 24 hours. As reported earlier by The Crypto Basic, a new Shiba Inu Whale has emerged to become the 30th biggest holder of Shiba Inu, scooping up an astounding 3,504,812,794,902 (3.50T) SHIB, worth $40,235,250 ($40.23M), in a single transaction.
Overall, Whales have spent $42,815,435 ($42.81M) to purchase 3,734,775,877,400 (3.73T) SHIB via two separate transactions in the past 24 hours.
WhaleStats data further reveals that Shiba Inu is the 3rd most-held token (excluding ETH) among the top 100 ETH Whales, collectively holding $601,204,724 ($601.20M) worth of SHIB in their wallets.
Major Whale Movements
Other than the above two major whale buying, The Crypto Basic reported that three mysterious wallets transferred a staggering 6,087,952,185,063 (6.08T) SHIB, valued at $65,445,484 ($65.44M) to a Coinbase-associated wallet tagged “Coinbase 10.” on April 3rd.
Shiba Inu To $1.
According to a hypothetical burn computation, the Shiba Inu could burn 111 trillion SHIB every year with help from ShibaSwap, Shibarium, and virtual land renames to reach the 1 USD mark by decreasing supply.