As the price of Shiba Inu dramatically recovers from the critical support on the daily chart, a prominent Shiba Inu investor labeled “marsbrothers.eth” accumulated a staggering $2.99 Million worth of SHIB in the last hour.
Incredibly, a wallet called “marsbrothers.eth” added 336,292,667,662 (336.29B) SHIB, valued at $2,993,004 ($2.99M), from one of the wallets connected to Binance dubbed “Binance 15,” according to Etherscan data. The transfer was completed at 09:38:11 +UTC.
The Wallet Named marsbrothers.eth Accumulated 2.99 Million USD Worth of SHIB
Read: Shiba Inu Makes List of Top 10 tokens purchased by whales
SHIB Price
The transaction comes after Shiba Inu rebounds from its crucial support at $0.00000838 on the daily chart. Shiba Inu’s price seems to stabilize above $0.00000838 as bears could not take Shib below the strong support since November 9th, 2022. On Monday, December 12th, the Shiba Inu retested the $0.00000838 level for the third time.
SHIB Rebounds From Crucial Support Level
Shiba Inu is trading at $0.000008875 as of this writing, down -0.20% from the preceding day. Over the last 24 hours, Shiba Inu traders have traded $115,401,333 ($115.40M) worth of SHIB.