Shiba Inu Grows After Top Whale Accumulates 375 Billion Shibs

Shiba Inu

High-ranking ETH Whale, “BlueWhale0073” recently purchased up to 374.97 Billion Shiba Inu worth $4.56 Million in the past 24 hours as the memecoin price stabilised a bit above its critical support level located at $0.0000095.

According to WhaleStats report, BlueWhale0073 just bought 375,977,961,547 (375.97B) more SHIB, worth $4,568,132 ($4.56M) in one significant transaction.

The widespread selloff in the global cryptocurrency market began on 9 May, and Shiba Inu lost its previous critical support located at $0.00001717. Since then, SHIB prices declined over 46% and tested their previous resistance level turning into an asset found at $0.0000095.

During this week’s selloff period, “BlueWhale0073” accumulated a 1.64 trillion SHIB, worth $21,105,284 ($21.10M) through six separate transactions while taking advantage of low prices.

👉 Related – Top Eth Whales Continue to Profit From the Massive Crypto Drop as BLUEWHALE0073 Bags Another 207 Billion Shiba Inu (SHIB)

Shiba Inu Is the Most Purchased Coin by Top 2000 Eth Whales

This recent accumulation from BlueWhale0073 makes SHIB one of the top purchased tokens among the 2000 most giant ETH whales in the last 24 hours.

The most popular dog-themed cryptocurrency is now down -25.97% over the week and is currently trading at $0.00001265. Today, Shiba Inu is now up 4.80% over the last day, with a 24-hour trading volume of $501,912,415 ($501.91M).

Read also 👉 Shiba Inu Decentralized Exchange ShibaSwap is ranked second as the most secure platform by CertiK

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.

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