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HomeCrypto NewsFresh Whale Acquires 648B Shiba Inu, Claiming the 66th Largest Holder Spot

Fresh Whale Acquires 648B Shiba Inu, Claiming the 66th Largest Holder Spot

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The birth of a brand-new Shiba Inu Whale, which adds millions of coins to make it the 66th largest Shiba Inu holder.

According to Etherscan.io statistics, a fresh Shiba Inu Whale acquired an astounding 648,463,405,610 (648.46B) SHIB, valued at $6,004,771 ($6.00M), in a single transaction from one of the unidentified wallets.

Brand New Shiba Inu Whale Accumulated 6 Million USD Worth of SHIB

The data also shows that the young whale joins the “Top 100 Shiba Inu Whales” list after the significant transaction. The Whale is now rated as the 66th largest SHIB holder.

Nascent Whale Becomes 66th Biggest SHIB Holder

Shiba Inu’s price stabilized above the important support level at $0.00000886 on the daily chart before the trade was made. Since November 23rd, 2022, SHIB has been trading above this crucial support level.

Shiba Inus Technical Analysis Daily Chart

The short-term bias is bullish due to the presence of existing support. However, Shiba Inu must overcome the current resistance at $0.00000961 to rise higher. Furthermore, if the price of SHIB drops below $0.00000886, the bullish bias will be reversed, and $0.00000717 on the chart may be the next significant support level.

Read also: New SHIB Whale Born as 1.2T Shiba Inu Transferred to Wallet 

Additionally, Shiba Inu continues its popularity among other exchanges. As reported earlier by fxcryptonews, a Singapore-based international cryptocurrency exchange, Bitcastle listed Shiba Inu with a unique “LOGIN Bonus Campaign” for the community.

Shiba Inu currently trades at $0.00000924, up 0.22% from 24 hours, and it has a 24-hour trading volume of $111,414,319 ($111.41M). As a result of the whale’s purchase of SHib for $6 million, the price has not increased in this enormous daily volume.

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