Shiba Inu Acquired by Top 1000 ETH Whales Ahead of Shibarium Launch

Anonymous Wallet Makes Mystery Withdrawal of $135M SHIB Tokens

WhaleStats have reported a significant accumulation from the 329th-largest ETH Whale. According to the report, the prominent ETH investor nicknamed “BlueWhale0073” made a sizeable purchase of 223,077,962,531 (223.07B) SHIB, valued at $2,755,012 ($2.75M) in a single significant transaction. As of this writing, the transaction took place about 10 hours ago.

According to WhaleStats, this activity has catapulted Shiba Inu to the 8th most acquired token among the top 1000 ETH whales in the previous 24 hours.

Read more: Shytoshi Kusama Releases New Shibarium Launch Teaser

The approaching release of Shibarium Beta is thought to cause an increase in ETH whale interest in Shiba Inu. As previously reported by fxcryptonews, Shiba Inu’s principal developer, Shytoshi Kusama, denied reports that the launch might occur on Valentine’s Day and said he could not give a definitive launch date at this moment because the launch is not an on/off switch.

However, Kusama suggested in a recent telegram conversation that the launch might occur before May. This hint was given in response to a community member’s prediction that the launch would occur on Valentine’s Day. Lightheartedly responding, “MAY be…just kidding, it’ll be out before May, lol,” Kusama said in response to the inquiry.

Shiba Inu is trading at $0.00001236, down -4.38% from the previous day, with a $297,101,396 ($297.10M) 24-hour trading volume.

Olasunkanmi Abudu

Olasunkanmi Abudu is a Web3 content writer with over five years of experience covering blockchain, decentralized finance, and digital assets. He specializes in producing well-researched and accessible content that explains complex technologies and market trends to both general readers and industry professionals.

Disclaimer: The information in this article should not be considered financial advice, and FXCryptoNews articles are intended only to provide educational and general information. Please consult with a financial advisor before making any investment decisions.

Share this :

Facebook
Twitter
LinkedIn
Telegram
WhatsApp